Gold Zakat Calculator - Malaysia
Calculate Zakat on gold with live Malaysian Ringgit prices
Nisab threshold
Gold Nisab (87.48g)
RM48,372.23
87.48g pure gold
Silver Nisab (612.36g)
RM5,430.47
612.36g pure silver
Most scholars recommend using the silver Nisab as it is lower, meaning more people meet the threshold and more wealth is distributed to those in need.
Your gold holdings
Scholarly opinion on worn jewelry
If unsure, the safer option is to pay Zakat on all gold (Hanafi position), as this ensures the obligation is fully met.
Nisab values today
Quick Zakat facts
- • Zakat is one of the Five Pillars of Islam
- • The rate is 2.5% of wealth above the Nisab
- • Must be held for one lunar year (Hawl)
- • Gold Nisab is 87.48g (7.5 tola) of pure gold
- • Many Muslims pay during Ramadan for extra reward
Zakat Calculator
Malaysia follows the Shafi'i school. Each state has its own Zakat collection authority (e.g., Lembaga Zakat Selangor, PPZ-MAIWP for federal territories). Under the Shafi'i position, personal gold jewelry (perhiasan) worn regularly is generally exempt from Zakat. However, excess gold, gold bars, and unworn jewelry are zakatable. Uruf (local customs regarding gold) may influence the exemption threshold. Gold is sold in grams in Malaysia.
Frequently asked questions
What is the gold Nisab in Ringgit?▾
The gold Nisab is approximately MYR 48,372 today.
Is worn gold jewelry exempt from Zakat in Malaysia?▾
Under the Shafi'i school, personal jewelry worn regularly is generally exempt. Each state Zakat authority may have specific uruf guidelines.
Which authority handles Zakat in Malaysia?▾
Each state has its own Zakat authority — e.g., Lembaga Zakat Selangor, PPZ-MAIWP, MAINJ.
Is gold investment (e.g., gold savings account) subject to Zakat?▾
Yes. Gold savings accounts, gold ETFs, and physical gold bars are all subject to Zakat if above Nisab for one Haul.
Can Zakat payments reduce my income tax in Malaysia?▾
Yes. Zakat paid to authorized state authorities is eligible for full tax rebate on Malaysian income tax.