Enter all the assets you have possessed for a lunar year into the Zakat al-Maal calculator. This will indicate the total amount of Zakat to pay. Zakat is 2.5% of your net wealth (assets minus liabilities) if it reaches or exceeds the Nisab threshold.
Zakat is one of the five pillars of Islam. It is a religious obligation for all Muslims who possess wealth above a certain threshold (nisab) to give a portion of their wealth to those in need. Zakat is calculated at 2.5% of net wealth (assets minus liabilities) and must be paid once a year after a lunar year has passed since the Nisab threshold was reached.