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πŸ•Œ Free Cryptocurrency Zakat Calculator β€” Nigeria 2026

Calculate your Zakat on Cryptocurrency in Nigeria 2026 β€” free, instant, halal-funded. Live NGN prices, Maliki madhab nisab. Scholar-reviewed by AAOIFI and IFA OIC standards.

β‚ΏCryptocurrencyZakat Calculator

πŸ‡³πŸ‡¬Nigeria Β· NGN

1Configuration

School of Jurisprudence (Madhab)

Nisab Threshold Basis

βš–οΈCurrent Nisab: NGNΒ 11,475,000.0085g gold

ℹ️ Gold: ~NGNΒ 135,000.00/g Β· Silver: ~NGNΒ 1,530.00/g (approximate β€” connecting to live prices...)

2Your Zakatable Assets

πŸ₯‡ Gold

Gold item 1

πŸ₯ˆ Silver

NGN

Bank accounts, savings, deposits, cash on hand.

NGN
NGN

Total market value of all crypto holdings.

NGN

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.

NGN
NGN

Only the amount saved β€” not the property value itself.

NGN

3Debts & Liabilities

Debts due within the next 12 months may be deducted in the Maliki madhab.

NGN
NGN

Only next 12 months of payments β€” 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 Cryptocurrency Zakat in Nigeria

Zakat on Cryptocurrency in Nigeria 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).

Key facts
Zakat rate2.5%
Hawl (holding period)1 lunar year (β‰ˆ354 days)
MadhabMaliki

Calculate Zakat on Bitcoin, Ethereum, and other cryptocurrencies in Nigeria. Based on broad scholarly consensus that crypto is zakatable wealth. Get current values in NGN and calculate your 2.5% Zakat obligation.

Maliki Madhab Rule

Treated as a tradeable asset (urud al-tijara). Pay 2.5% on market value.

Source: Supreme Council for Islamic Affairs Nigeria

Frequently Asked Questions

Is Zakat due on cryptocurrency?

Yes. There is broad scholarly consensus that cryptocurrency is zakatable wealth (mal). This applies even among scholars who consider crypto trading impermissible β€” the asset is still zakatable.

How do I calculate Zakat on Bitcoin in Nigeria?

Convert your Bitcoin holdings to NGN at market value on your Zakat date. If the total exceeds nisab and you've held it for one lunar year, pay 2.5% as Zakat.

Are NFTs and utility tokens zakatable?

NFTs held as investments or for resale are generally zakatable at market value. Utility tokens purchased for personal use (not resale) may not be zakatable. Consult a knowledgeable scholar for specific token rulings.