Tazkiyya helps Muslim investors in India fulfil their two core financial obligations under Shariah. The Purification Calculator identifies and quantifies impure income embedded in equity investments β using a daily per-share method endorsed by contemporary scholars β so it can be donated and your wealth cleansed. The Zakat Calculator helps you determine your annual Zakat obligation across all asset classes, calibrated to your school of thought, with support for all four major madhabs.
Taurus Ethical Fund
Shariah-Compliant Equity Fund Β· India
18.4% 3Y CAGR
All Investment Holdings
Indian stocks Β· Mutual funds Β· PMS β unified calculation
πImpure income per share per day = (Impure Income for the year) Γ· (Average Outstanding Shares x 365). Total impure income = this rate x your shares held x days held.
π
Indian Stocks (BSE / NSE)
BSE & NSE listed equities
βΉ0.00βΌ
Holding #1
#
π¦
Ethical Mutual Funds & ETFs (Coming soon)
Shariah-screened funds β India
βΉ0.00βΌ
Coming soon: this section is temporarily unavailable.
πΌ
PMS & Portfolio Services (Coming soon)
Shariah-screened portfolio management
βΉ0.00βΌ
Coming soon: this section is temporarily unavailable.
Total Impure Income β All Holdings Combined
βΉ0.00
Donate this combined amount to charitable causes. It does not count as Zakat. No reward should be anticipated β its sole purpose is cleansing your wealth.
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Taurus Ethical Fund
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How Purification Works
1
Select each holding from the Indian stock, fund, or PMS lists
2
Enter your purchase date, sale/today date, and shares held
3
Calculate β all holdings are combined into one impure income figure
4
Donate the total to charity β not Zakat, no reward expected
Per-Share-Per-Day Formula
IIPSPD = (Impure Income for the year) Γ· (Average Shares Outstanding Γ 365)
Total Impure Income = IIPSPD Γ Shares Held Γ Days Held
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πΌ
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Shariah-Compliant Portfolio Management
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Zakat Calculator
Hawl-based Β· Nisab-aware Β· Madhab-sensitive
Step 1 β School of Thought
πHanafi: Nisab based on silver (612.36g) β the lower, more inclusive threshold. Gold and silver jewelry held by women is zakatable. Trade goods at market value.
Step 2 β Nisab Basis & Metal Prices
πͺ
Silver
612.36g of silver Hanafi default
βΉ55,112
βΉ
π₯
Gold
87.48g of gold Maliki Β· ShΔfi'Δ« Β· αΈ€anbalΔ«
βΉ656,100
βΉ
Step 3 β Hawl Confirmation
Hawl not yet confirmed
Zakat is only obligatory if your wealth has been at or above the nisab threshold for one complete lunar year (~354 days). Toggle ON to confirm this condition is met before calculating.
β³ Required before calculation
Step 4 β Zakatable Assets
π΅
Cash & Bank Balances
Notes, savings, current, wallets
βΉ0βΌ
βΉ
βΉ
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π₯
Gold & Silver
Jewelry, coins, bars
βΉ0βΌ
g
Hanafi: Zakatable β enter weight in grams.
g
g
g
π
Indian Stocks (BSE / NSE)
Current market value of all holdings
βΉ0βΌ
πFor trading portfolios: use current market value. For long-term passive holdings: use zakatable assets per share (cash + receivables + inventory per share Γ shares held). Current market value is the conservative default.
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π
Foreign Stocks & Global Equities
US, UK, and other international holdings
βΉ0βΌ
Currency Exchange Rates
πΊπΈ
USD
US Dollar
βΉ per 1 USD
βΉ
π¬π§
GBP
British Pound
βΉ per 1 GBP
βΉ
πͺπΊ
EUR
Euro
βΉ per 1 EUR
βΉ
πEnter the current value of each foreign holding in its original currency. The tool will convert to INR using the exchange rates above.
Foreign Holding #1
$
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Mutual Funds & ETFs
Shariah-screened & conventional
βΉ0βΌ
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βΉ
βΉ
π’
Business Assets & Trade
Inventory, receivables, business cash
βΉ0βΌ
βΉ
βΉ
βΉ
π§
Fixed Deposits & Savings Schemes
FDs, EPF, NPS, PPF, NSC
βΉ0βΌ
πFor locked schemes (EPF, PPF): include only the accessible/withdrawable portion. Consult your scholar for differing opinions on locked funds.
βΉ
βΉ
βΉ
βΉ
π
Investment Property
Rental income saved & property for resale only
βΉ0βΌ
πYour personal residence is not zakatable. Only rental income saved and property bought for trade/resale is included.
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βΉ
βΏ
Cryptocurrency
Permissible tokens β subject to scholarly debate
βΉ0βΌ
β οΈShariah permissibility of crypto is debated among scholars. Include only if your scholar considers your specific holdings permissible.
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πΌ
PMS & AIF Portfolios
Portfolio management & alternative investments
βΉ0βΌ
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βΉ
π‘οΈ
Insurance Policies (Money-back / Endowment)
Surrender value of policies with savings component
βΉ0βΌ
πOnly the surrender value (the amount you would receive if you cancelled the policy today) is zakatable β not the sum assured or total premiums paid.
βΉ
βΉ
βΉ
ποΈ
Asset Leasing Investments
Ijarah-based platforms & leasing instruments
βΉ0βΌ
πAsset leasing investments (Ijarah-based) are zakatable on their current realisable value.
βΉ
βΉ
βΉ
π€
Loans Given & Personal Receivables
Money lent to others, deposits, and amounts owed to you
βΉ0βΌ
πInclude only amounts you genuinely expect to recover.
βΉ
βΉ
βΉ
π
Private Company & Unlisted Shares
Shareholding in private businesses
βΉ0βΌ
πFor shares in private companies, use the zakatable assets per share method.
βΉ
βΉ
Step 5 β Deduct Liabilities
Personal Debts & Immediate Obligations
βΉ
βΉ
Business Current Liabilities
βΉ
βΉ
βΉ
Zakat Due This Year
βΉ0.00
Pay this amount to eligible Zakat recipients β the eight categories mentioned in Quran 9:60.
Live Zakatable Wealth
Below Nisab
βΉ0
π΅ CashβΉ0
π₯ MetalsβΉ0
π Indian StocksβΉ0
π Foreign StocksβΉ0
π¦ FundsβΉ0
π’ BusinessβΉ0
π§ SavingsβΉ0
π PropertyβΉ0
βΏ CryptoβΉ0
πΌ PMS/AIFβΉ0
π‘οΈ InsuranceβΉ0
ποΈ Asset LeasingβΉ0
π€ Loans/Recv.βΉ0
π Pvt. SharesβΉ0
β LiabilitiesββΉ0
Zakat Due (2.5%)
βΉ0
Hawl: Not confirmed
Madhab Differences
H
Hanafi: Silver nisab, gold jewelry zakatable, trade goods at market value
M
Maliki: Gold nisab, personal jewelry generally exempt
αΈ€anbalΔ«: Gold nisab, gold jewelry zakatable, receivables included
Zakat Formula
Zakat = Net Zakatable Wealth Γ 2.5%
(Hawl passed + wealth β₯ Nisab)
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β οΈ Disclaimer: This calculator provides estimates for educational and guidance purposes only. Impurity ratios, company financial data, and Zakat thresholds are indicative. Please consult a qualified Islamic finance scholar or certified Zakat advisor for a binding ruling. This tool does not constitute a fatwa.