The method of calculating zakat on gold and silver differs by state. Generally, the calculation method is as follows:

 Zakat is required only if the total gold worn meets or exceeds the ‘uruf (local customary threshold, e.g., 500 grams).

 Formula:

 [Gold weight (grams)] x [Current gold price/gram] x 2.5%

 Example:

 Gold weight: 950g

 Gold price: RM174/g

 Zakat: 950 x RM174 x 2.5% = RM4,132.50

 

 b) Zakat on stored gold:

 Zakat is required if the stored gold weighs at least 85 grams.

 

 c) Zakat on silver:

 Whether worn or stored, zakat is only required if the weight is at least 595 grams.