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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## What is Zakat?
Zakat is a fundamental Islamic practice requiring Muslims to donate a portion of their wealth to those in need. It includes assets like cash, savings, gold, and investments. There are two main types: Zakat Al-Mal, which is 2.5% of accumulated wealth, and Zakat Al Fitr, a smaller donation given before Eid.
## Gold Price Trends
Gold prices in the UAE have seen significant fluctuations. As of mid-February 2026, 24-carat gold is priced between Dh593 and Dh600 per gram, while 22-carat gold is in the mid-Dh540s range. These prices reflect a decrease from January's peak but remain higher than early 2025 levels.
## Calculating Zakat on Gold
To calculate Zakat on gold, you must consider the current market value of your gold holdings. If your gold exceeds the Nisab threshold, which is 87.48 grams of gold, you owe 2.5% of its value as Zakat. The recent rise in gold prices means that the Zakat payable has increased accordingly.
## Who Needs to Pay Zakat?
Adult Muslims with wealth above the Nisab threshold for a full lunar year are obligated to pay Zakat. This ensures support for those in need and fulfills a key religious duty.
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