How to calculate zakat on gold per tola with smart ways
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How to calculate its zakat obligation? For example, if each ounce of gold is currently worth $43, the nisab using the gold calculation is ($43x 3 ounces =$129). Similarly, if the silver is even one ratti less than 63 tola then the zakaat which is waajib, is only on that (initial) 52 tola and 6 ratti and that is 1 tola 3 masha and 6 ratti.
As of monday 12 april 2021, the price of gold per gram is aud$73.54.
For example, an rrsp fund contains $100,000. Assuming that you are calculating your zakat on a day where the rate of gold in pakistan is pkr 96,400 per tola. Your zakat has funded some of our crucial work with people and communities living in disaster and war zones: So you will calculate your zakat on the net amount.
