Zakat is an Islamic finance term referring to the obligation that an individual has to donate a certain proportion of wealth each year to charitable causes. It is a mandatory process for Muslims and is regarded as a form of worship.
We know that the most important part of giving Zakat is the knowledge of what your donation will go towards
Zakat is 2.5% of your assets, It includes your savings, stocks, watches (seek advice), and jewellery
Please use our Zakat Calculator to work out how much Zakat you need to pay on gold