Zakat is obligatory when Nisab (minimum amount) of Muslim’s money reaches the equivalent of 85 grams of pure gold in local currency.

Zakat is obligatory when Nisab (minimum amount) of Muslim’s gold equals to 85 grams of pure 24 K gold.

Zakat is obligatory when Nisab (minimum amount) of Muslim’s silver equals to 595 grams silver.

A Firm's capital is divided into equal valued portions called shares. The shareholder is a partner in this corporation, owning a part of the corporation’s assets on a pro rata basis.
Zakat on shares is determined by the purpose and intention of possession:
A)Shares for trading purposes: It is investment in shares that are purchased for trading purposes, and sold in the securities markets. These shares are treated the same as Zakat of trading and are estimated at the end of the Zakat cycles as follows:
Zakat of shares = market value of share × number of shares × 2.5%
B)Shares for capital growth (possession): It is the investment in shares possessed for the purpose of growth or increase in its market price and to generate revenues as a source of income, not for selling purpose.
1. The amount of Zakat due on each share to be known from the corporation or others (such as Zakat fund) at the end of the Zakat cycle (1 year), as reported in the corporation’s annual financial statements.
2. Zakat due is calculated according to the following formula:
Amount of Zakat per share × number of shares.

Dealing with bonds is prohibited because it includes dealing with interest and since trading in bonds through buying and selling transactions is like selling debt. Zakat due on bond holders is as follows:
1. Zakat is due on the original value of bonds only, which is the capital.
2. There is no Zakat due on the interest revenue since interest is prohibited. (Allah is good, and accepts only what is good)
3. Interest should be removed immediately and fully spent in charity work with the exception of building mosques, printing the Holy Koran and the like. This action only eliminates prohibited money, and should not be considered as part of Zakat. Moreover, it is prohibited to spend interest for personal, family and similar benefits. Interest should be spent on poor Muslims.
If you add the value of bonds to the money which can be spent on Zakat, and the Zakat level (Nisab) becomes equivalent to 85 grams of pure gold, press “Proceed”; but if it did not reach the required Zakat level (Nisab), then get rid of the prohibited interest only.

Livestock: Camels, cows, sheep and goats. Cows include buffalo, and sheep include goats.