At Tmra, we think paying your Zakat should be as easy as possible, which is why we have created a handy calculator for your ease and convenience. Use our Zakat calculator below to determine how much Zakat to pay. If you’ve already worked out how much you owe, then you can donate directly at Tmra, it’s quick and easy!
Tmra Zakat Calculator covered different forms of donation including Money, Silver, Gold, Stocks and Mutual Fund.
Step 1: Go to tmra.io and scroll down to the footer section. Select Zakat Calculator on the bottom of Get Started.
Step 2:
a. To track how much Zakat you have to donate of all assets you own. Calculate all cash you have. Whether it's in your bank account, savings, money lent to others, and in your wallet.
b. For Silvers donation, it has been set by Prophet Muhammad with a standard of 21 ounces of silver (612.36 grammes) or its equivalent in cash
c. For Gold donation, it has been set by Prophet Muhammad with a standard of 3 ounces of gold (87.48 grammes) or its equivalent in cash
d. There's slightly different of Zakat on Stocks calculation. It'll calculated 2.5% regardless your intention, whether it's trading or investing.
e. Similarly like Zakat on Stocks, Zakat on Mutual Funds is calculated 2.5% for any form of transactions including trading and investing.