Zakat Calculator for Silver in Canada 2026
Calculate your Zakat on silver in Canada for 2026. Free online calculator with real-time prices in CAD. Hanafi madhab guidelines. Accurate and scholarly verified.
🥈Silver Zakat Calculator
🇨🇦Canada · CAD
Live Market Price
1Configuration
School of Jurisprudence (Madhab)
Nisab Threshold Basis
ℹ️ Gold: ~CA$123.00/g · Silver: ~CA$1.40/g (approximate — connecting to live prices...)
2Your Zakatable Assets
🥇 Gold
🥈 Silver
Bank accounts, savings, deposits, cash on hand.
Total market value of all crypto holdings.
Inventory + cash on hand + trade receivables. Exclude fixed assets (machines, furniture).
🏠 Real Estate
Primary residence is exempt (scholarly consensus). Zakatable below applies only to property held for resale or rental income.
Only the amount saved — not the property value itself.
3Debts & Liabilities
Debts due within the next 12 months may be deducted in the Hanafi madhab.
Only next 12 months of payments — not the total outstanding balance.
4Zakat Calculation Result
Enter your assets above to see your Zakat calculation.
Important Disclaimer
This calculator provides a general estimate based on commonly accepted scholarly guidelines. Zakat obligations can vary based on individual circumstances, madhab, and local scholarly opinions. Always consult a qualified Islamic scholar for a ruling specific to your situation. This tool does not constitute a fatwa or religious ruling.
About Silver Zakat in Canada
Calculate your Zakat on silver in Canada with our free calculator. Silver nisab is 595g of pure silver. Get current silver prices in CAD and calculate your 2.5% Zakat obligation instantly. Follows Hanafi madhab as predominant in Canada.
Nisab Threshold
595g of silver
Hanafi Madhab Rule
ALL silver zakatable — worn or stored. Same principle as gold.
Source: Zakat Foundation of America (used by Canadian Muslims)
Frequently Asked Questions
What is the nisab for silver Zakat?
The nisab for silver is 595 grams of pure silver, equivalent to 200 dirhams (approximately 5 awaq). Use our calculator for the current value in CAD.
Is silver nisab lower than gold nisab?
Yes, significantly. Silver nisab (~595g) is worth approximately 14x less than gold nisab (~85g). The Hanafi school uses silver nisab for cash, meaning more people are obligated to pay Zakat.
How is Zakat on silver calculated?
If your pure silver holdings exceed 595g and you've held them for one lunar year, you pay 2.5% of the total silver value as Zakat.