Zakat, one of the Five Pillars of Islam, mandates that every capable Muslim contribute 2.5% of their wealth to charity by the end of the Lunar year, provided they meet the minimum requirement known as the Nisab threshold. The amount of Zakat paid is contingent upon one's surplus wealth after deducting financial obligations, and it is rendered after a full Hawl (Islamic year) has passed. Calculations for Zakat include considerations such as loans, debts, investments, as well as assets in silver or gold.