You can calculate
Zakāh in the following manner:
1. Fix any one day of the year
for the calculation of Zakāh. On all subsequent years, Zakāh should be
calculated on this day.
2. Subtract the value of 612
grams of silver from your total wealth on this particular day which includes
value of your jewelry not worn everyday, value of other assets which are not
of personal use (your personal house and car are examples of assets in
3. 2 1/2 % of this amount is
the Zakāh to which you are liable. In case you are a salaried person you
should also pay 10 % of your
salary every time you receive it. You can deduct the amount the government
has fixed as exemption to salaried persons and then pay the said percentage
of the remaining amount as Zakāh.
Remember, if it is not
possible to pay your Zakāh money in one go you can pay in installments as
4. Since Zakāh is the only tax
which a government can impose on its citizens, you can deduct other taxes
that you have paid from the your Zakāh amount. If the balance is negative
you do not have to pay Zakāh.