Home - Zakat Malaysia
- Cryptocurrency Zakat
Calculate and Pay Your Cryptocurrency Zakat Here
Cryptocurrency Zakat
Share
Cryptocurrency Zakat Calculator
Explanation
Cryptocurrency is currency created based on blockchain technology and digital technology.
According to the decision of the Selangor State Fatwa Committee meeting held on August 17, 2021, it was determined that it is permissible (harus) to engage in transactions using digital currencies, whether as a medium of payment, for money transfers (remittance),
or as a store of value.
Cryptocurrency Law
- Cryptocurrency and digital assets are included in the category of wealth as they possess the attribute of "al-Mutaqawwim" (having value) and are subject to zakat based on the evidence of the obligation of zakat on wealth.
- Cryptocurrency is not considered legal tender by Sharia or legal standards; however, it is categorized as an investment asset or security recognized by the Federal Government Gazette under the Ministry of Finance.
- The obligation to pay zakat is not limited to cryptocurrency and digital assets traded on digital asset exchange platforms regulated by the Malaysian Securities Commission.
List of Cryptocurrencies

List of Registered Digital Asset Exchange (DAX) Platforms with the Securities Commission Malaysia (SC)

Frequently Asked Questions
Method for Calculating Cryptocurrency Zaka
The formula: Units of cryptocurrency and digital assets x current price (at end of haul) x 2.5% = Total Zakat
Example: Mr. Ali owns 0.2 units of Bitcoin (BTC) which has met the haul requirement. The current price for 1 BTC is RM258,107.
The zakat amount Mr. Ali needs to pay for the year 2021 is:
0.2 units x RM258,107 x 2.5% = RM1,290.54
[ Units of cryptocurrency and digital assets x current price (at end of haul) ]
Calculate for each cryptocurrency owned. Sum up the total
Total value of all cryptocurrencies owned x 2.5% = Total Zakat
Example: Mr. Ahmad owns 0.3 units of BTC and 0.5 units of ETH that have completed their haul period. The current price for 1 BTC is RM344,116.91, and 1 ETH is RM19,058.33.
The zakat amount Mr. Ahmad needs to pay for the year 2024 is as follows:
BTC 0.3 unit x RM344,116.91 = RM103,235.075
ETH 0.5 unit x RM19,058.33 = RM9529.165
Total Amount = RM112,764.24
RM112,764.24 x 2.5% = RM2,819.11
If you need assistance calculating your Cryptocurrency Zakat, you can click this link: wasap.my/+601114312979/kirazakatkripto

Kira & Bayar Zakat
