The standard zakat rate on qualifying wealth held for a lunar year is 2.5%.
Zakat is one of the Five Pillars of Islam and is a religious obligation involving charitable giving. The commonly cited 2.5% rate applies to monetary wealth and certain trade assets that remain above the nisab threshold for one lunar year, known as a hawl.
The rate is not identical for every category of property. Agricultural produce, livestock, and extracted resources can have different rules and rates. Zakat is also distinct from sadaqah, which is voluntary charity. The calculation is generally based on eligible net wealth rather than simply a person’s gross income.