Zakat on cryptocurrency: a complete guide

Most contemporary fatawa treat liquid crypto you own as wealth: it enters your Zakat base like cash or trade goods. You still need Nisab, hawl, and a clear valuation date.

Practical steps

  1. List every wallet and exchange balance on your Zakat night.
  2. Convert each asset to USD using a reputable spot price at that time.
  3. Add crypto to cash, gold, stocks, and other zakatable assets.
  4. Subtract short-term debts due within the year.
  5. If net wealth ≄ Nisab and hawl is complete, pay 2.5% on the net figure.

Staking, lending, and NFTs

Locked staking rewards, liquidity pools, and NFTs held for investment can change whether wealth is truly “yours” yet. Do not guess—ask a scholar familiar with DeFi structures.

Example

You hold 1 ETH valued at $3,000 on your Zakat date, plus $2,000 cash, no debts. Total zakatable pool $5,000. If above Nisab with hawl, Zakat ≈ $125. Volatility means next year’s number will differ—always use the day you calculate.

Add crypto in the calculator

Related: Stocks, Business.

Zakat on Cryptocurrency: Complete Guide | allhalal.info