Zakatable Assets
الأموال الزكوية
The categories of wealth on which zakat is due: cash, gold and silver, trade goods, receivables, and most investments.
Definition
Wealth that is subject to zakat once it exceeds the nisab and has been held for a lunar year. The core categories are cash and bank balances, gold and silver, trade inventory and goods held for sale, collectible receivables, and investments held for growth or income.
Assets used for personal needs (your home, car, furniture, clothing) and productive assets used to earn income (business equipment, rental property itself) are not zakatable, though income from them becomes cash that is. Modern questions concern retirement accounts, stocks, cryptocurrency, and jewelry, where scholarly positions differ.
Related Terms
Zakat al-Malزكاة المال
Zakat on wealth: the annual 2.5% due on qualifying assets held for a lunar year above the nisab.
Nisabنصاب
The minimum wealth threshold above which zakat becomes obligatory - equivalent to 87.48 grams of gold or 612.36 grams of silver.
Hawlحول
One full lunar year - the holding period after which zakat becomes obligatory on qualifying wealth.
Zakatزكاة
One of the Five Pillars of Islam - an obligatory annual 2.5% charitable contribution on qualifying wealth.
Zakat al-Fitrزكاة الفطر
A special charitable contribution required at the end of Ramadan, paid per person in the household.
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Zakatable Assets (الأموال الزكوية) - The categories of wealth on which zakat is due: cash, gold and silver, trade goods, receivables, and most investments. Wealth that is subject to zakat once it exceeds the nisab and has been held for a lunar year. The core categories are cash and bank balances, gold and silver, trade inventory and goods held for sale, collectible receivables, and investments held for growth or income.
- The categories of wealth on which zakat is due: cash, gold and silver, trade goods, receivables, and most investments.
- Category: Zakat
- Related: Zakat al-Mal, Nisab, Hawl, Zakat, Zakat al-Fitr
- Compare related Shariah-compliant products on HalalWallet
Source: HalalWallet (halalwallet.ca)
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Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-10-01
Editorial Team, HalalWallet
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