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Zakat Now is a charitable organization that serves the Greater Philadelphia Region
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Total Gold Value (without Jewels)
Total Silver value (without Jewels)
Cash on hand
Personal Checking Accounts
Savings Accounts
Business Bank Account(s)
Stock and Mutual Funds
Retirement Plans (401K/IRA/Pension/etc.)
Business Merchandise Inventory
Real Estate (excluding personal residence)
Do not include market value of rental property, but instead include income you received. If property is bought for resale, include market value of property. Also include fixed assets (such as land and equipment that are for long term use and can't be converted to cash quickly)
Debts Owed to You
Other Funds (profits, trust account, partnerships, etc.)
LIABILITIES (Debts & Upcoming Expenses)
For long term debts (such as student loans and mortgages) it is best to ONLY include next payment in this calculation.
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