Zakat Calculator UK 2026
GBP Nisab · ISA · Pensions · Debt Deduction

Calculating Zakat in the United Kingdom — What Makes It Different?

Zakat for UK Muslims carries a handful of nuances that don't arise in most other countries. The British financial landscape — ISAs, workplace pensions, Premium Bonds, student loans and Help to Buy schemes — creates genuine questions around what is zakatable, what can be deducted and how the Nisab works in pounds sterling.

What is the Nisab in the UK for 2026?

The Nisab in GBP changes every day because it tracks the live silver and gold spot price. In 2026, the silver Nisab sits at roughly £600–£700 (equivalent to 612.36g of silver), while the gold Nisab is approximately £7,000–£8,500 (87.48g of pure gold). Most UK scholars — and organisations like the National Zakat Foundation — use the silver Nisab, which is the Hanafi position and ensures far more Muslims complete their obligation.

ISA Savings — Does the Tax Wrapper Matter for Zakat?

Not at all. Whether your money sits in a Cash ISA, a Stocks & Shares ISA or a Lifetime ISA, it is your wealth and it is accessible to you. The HMRC tax-free status of the ISA wrapper has no bearing on Islamic obligation. Your total ISA balance on your Zakat date is included in your zakatable wealth, exactly as regular savings would be.

Pensions, SIPPs and Workplace Schemes

This is where UK scholars differ most sharply. The mainstream view is that a pension fund you cannot currently access — because you are under retirement age and the funds are locked — is not immediately zakatable, since a core condition of Zakat is that wealth must be "owned completely and capable of growth under your control." However, if you have a SIPP you manage directly and from which you can make drawdowns, scholars generally agree that the withdrawable portion is zakatable. A practical middle-ground adopted by many UK imams is to pay Zakat on your personal contribution to the pension each year, even if the full pot is inaccessible.

Mortgages and Debt Deduction — The 12-Month Rule

UK Muslims frequently ask whether their mortgage balance can be deducted in full. The scholarly consensus is no — only the portion due within the next 12 months may be offset against your zakatable assets. So if your monthly mortgage repayment is £1,200, you may deduct £14,400 (12 × £1,200). Credit card balances outstanding on your Zakat date may be deducted in full, since they are typically due immediately. Student loans are treated the same as other long-term debts — only the amount due in the next 12 months is deductible.

Premium Bonds and NS&I Products

NS&I Premium Bonds are liquid government-backed savings — you can redeem them at any time. The face value of your Premium Bond holdings is therefore part of your zakatable wealth. Any prize winnings received should be treated as additional income on which Zakat may be due depending on your personal circumstances. Government Bonds (gilts) and other NS&I fixed-rate bonds are treated similarly: the redeemable value at your Zakat date is included.

Cryptocurrency Holdings

The majority of contemporary scholars treat cryptocurrency as a form of currency or trade asset. Bitcoin, Ethereum and stablecoins held on your Zakat date are zakatable at their market value in GBP on that date. Enter the total value in the Investments tab of the calculator above.