π Free Business Assets Zakat Calculator β Singapore 2026
Calculate your Zakat on Business Assets in Singapore 2026 β free, instant, halal-funded. Live SGD prices, Shafi'i madhab nisab. Scholar-reviewed by AAOIFI and IFA OIC standards.
π’Business AssetsZakat Calculator
πΈπ¬Singapore Β· SGD
1Configuration
School of Jurisprudence (Madhab)
Nisab Threshold Basis
βΉοΈ Gold: ~SGDΒ 121.00/g Β· Silver: ~SGDΒ 1.37/g (approximate β connecting to live prices...)
2Your Zakatable Assets
π₯ Gold
π₯ 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).
π Real Estate
Primary residence is exempt (scholarly consensus). Zakatable below applies only to property held for resale or rental income.
Only the amount saved β not the property value itself.
3Debts & Liabilities
Shafi'i Ruling on Debts
The Shafi'i school does not permit deduction of debts from zakatable wealth. (Source: Al-Majmu' β Imam al-Nawawi)
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 Business Assets Zakat in Singapore
Zakat on Business Assets in Singapore is 2.5% of its market value, payable once your holdings stay above the nisab threshold for one full lunar year (hawl). The nisab equals the value of 85 g of gold or 595 g of silver (2026).
| Zakat rate | 2.5% |
|---|---|
| Hawl (holding period) | 1 lunar year (β354 days) |
| Madhab | Shafi'i |
Calculate Zakat on your business inventory, receivables, and trading assets in Singapore. Our calculator follows Shafi'i madhab rules for business Zakat (urud al-tijara). All values in SGD.
Shafi'i Madhab Rule
Trade goods at market value. NO debt deductions. Fixed assets exempt.
Source: MUIS (Majlis Ugama Islam Singapura)
Frequently Asked Questions
What business assets are zakatable?
Zakatable business assets include: inventory at market (selling) price, business cash, and trade receivables. Fixed assets like equipment, buildings, and vehicles used in the business are NOT zakatable.
How is business Zakat calculated in Singapore?
Zakat = (inventory at market value + business cash + receivables β deductible debts) Γ 2.5%. The Shafi'i school does NOT allow debt deductions.
Is inventory valued at cost or market price?
All four madhabs agree: inventory is valued at market (selling) price on the Zakat date, not at cost price. This is based on the hadith of Samurah ibn Jundab (Abu Dawud).