Zakat Compliance Self-Assessment Checklist

General Eligibility

• Are you a Muslim?
• Do you have complete ownership of your assets?
• Is your net wealth above the nisab threshold?
• Has one lunar year passed on your zakatable assets?

Zakatable Assets Checklist

• Cash (in hand, bank accounts, wallets, etc.)
• Gold and silver (including jewelry)
• Business inventory & merchandise
• Investments (stocks, shares, bonds, mutual funds, etc.)
• Receivables (money owed to you)
• Livestock & agricultural produce

Liabilities to Deduct

• Debts payable (due within the current year)
• Immediate expenses (unpaid bills, taxes, wages)
• Other allowable liabilities

Zakat Calculation Table

Asset / Liability	Amount
Total Zakatable Assets
(-) Deductible Liabilities
= Net Zakatable Amount
Zakat to Pay (2.5%)