ZAKAT ON GOLD
LAST UPDATED: October 2026
How much is Zakat on Gold?
Zakat is one of the pillars of Islam. If your wealth reaches the nisab, you must give 2.5% of your eligible wealth, including gold, once every Hijri (Islamic lunar) year to those in need.
The Zakat payable on the gold you own is 2.5% of its value. On average, a gram of gold costs $189.01 as of October 8, 2026.
Therefore, the Zakat you’re due to pay is: $189.01 x 2.5%, which is around $4.73 per gram, $55.10 per tola/bori (11.66g).
As gold prices change regularly, it’s important to check the latest rates.
Use our Zakat calculator to work out how much Zakat you owe on gold.
Gold rate for Zakat
As of October 8, 2026
Nisab on Gold
The Nisab is the minimum amount of wealth a Muslim must possess before they become eligible to pay Zakat. This amount is often referred to as the Nisab threshold.
Gold as well as silver are the two values used to calculate the Nisab threshold. The Nisab is the value of 87.48 grams of gold or 612.36 grams of silver.
Learn about nisab→Current Nisab value as of October 8, 2026. Both values are approximate.
Zakat: A Sacred Pillar
Zakat is not just a duty on those with wealth given for the love of Allah (SWT), but a right that the poor have over us.
Those with sufficient wealth are noted in the Holy Qur’an as for:
Your Zakat enables us to save lives
Your Zakat has funded some of our crucial work with people and communities living in disaster and war zones: drought and famine-struck countries across East Africa; communities affected by conflict in Yemen; and families in war-torn Syria struggling to survive one day to the next.
Your Zakat has supported communities to build sustainable livelihoods in the face of climate change and to build better lives for vulnerable orphans and families across the globe.
Alhamdulillah, your Zakat has the power to transform people’s lives. Help make this happen. Give your Zakat for the love of Allah (SWT).
Your Zakat in trusted hands
Your Zakat is an Amanah, and we take that trust very seriously. At Islamic Relief Canada, we follow a scholar-verified Zakat Policy to ensure your Zakat reaches as many poor and needy people as possible to transform their lives.
This ensures that Islamic principles are adhered to every step of the way from project design and community fundraising discussions to project implementation.
Visit our Zakat page for answers on frequently asked questions around Zakat.