Every year, millions of Muslims in Pakistan fulfill their religious obligation of Zakat — one of the five pillars of Islam. When it comes to gold and silver, calculating Zakat accurately requires knowing the correct current market rates. Pakistan Gold Bullion Exchange (PGBX), Pakistan’s leading gold bullion exchange, has released an official Zakat guide for gold and silver that makes this calculation simple, transparent, and Shariah-compliant. Whether you hold 24kt, 22kt, 21kt, or 18kt gold bars, or silver assets, this guide covers everything you need to know.

What is PGBX — Pakistan Gold Bullion Exchange?

Pakistan Gold Bullion Exchange (PGBX) is a Pakistan-based bullion trading and market facilitation company established to promote transparent, ethical, and Shariah-compliant gold bullion practices across the country. PGBX operates with a strong focus on physical gold integrity, quality assurance, and regulatory alignment, supporting the development of a credible and structured bullion ecosystem in Pakistan.

To support quality, standardization, and regulatory oversight in bullion manufacturing, PGBX operates through its subsidiary — Pakistan Gold Bullion Limited — which is registered with the Securities and Exchange Commission of Pakistan (SECP) for the purpose of manufacturing quality standard gold bars in accordance with applicable laws and regulatory requirements. This registration reflects PGBX’s commitment to formal governance, transparency, and quality control in the physical gold supply chain.

Why Zakat on Gold and Silver Matters in Islam

In Islam, Zakat is obligatory on wealth that reaches the Nisab (minimum threshold) and has been held for one lunar year. Gold and silver are among the primary assets on which Zakat must be paid. The Nisab for gold is 87.48 grams (7.5 tola), and for silver it is 612.36 grams (52.5 tola). If you own gold bullion bars or silver in Pakistan that meets this threshold, you are required to pay 2.5% of the total value as Zakat.

PGBX Zakat Rates for Gold Bullion Bars in Pakistan

Pakistan Gold Bullion Exchange has published the following official Zakat rates based on current gold market prices in Pakistan. These rates apply to physical gold bullion bars and are calculated at the standard 2.5% Zakat rate:

24 Karat Gold (Pure Gold Bullion)

24kt gold is the purest form of gold bullion available in Pakistan. According to PGBX’s latest Zakat guide, the per tola price of 24kt gold is PKR 520,000, with a per gram rate of PKR 44,581. The Zakat per gram on 24kt gold bullion bars comes to PKR 1,114. This is the benchmark rate used by Pakistan’s gold bullion exchange market.

22 Karat Gold

22kt gold is one of the most commonly held forms of gold in Pakistan. PGBX has set the per tola rate at PKR 476,601, with a per gram rate of PKR 40,866. The Zakat per gram on 22kt gold is PKR 1,021.

21 Karat Gold

For 21kt gold, PGBX has announced a per tola rate of PKR 454,989 and a per gram rate of PKR 39,008. Muslims holding 21kt gold bullion in Pakistan should calculate their Zakat at PKR 975 per gram.

18 Karat Gold

18kt gold bullion is priced at PKR 389,997 per tola and PKR 33,436 per gram. The applicable Zakat per gram on 18kt gold at Pakistan Gold Bullion Exchange rates is PKR 836.

PGBX Zakat Rate for Silver in Pakistan

Silver is another important asset for Zakat calculation. PGBX has set the silver rate at PKR 12,000 per tola and PKR 1,028 per gram. The Zakat per gram on silver is PKR 25.70. For many scholars, silver’s Nisab is considered the more accessible threshold for Zakat calculation, making it especially relevant for a wider portion of Pakistan’s Muslim population.

How to Calculate Your Zakat on Gold Bullion Bars in Pakistan

Calculating Zakat using the PGBX rate is straightforward. First, determine the total weight in grams of all gold or silver you own. Second, identify the karat purity of your gold bullion. Third, multiply your total weight by the PGBX Zakat per gram rate for your gold’s karat. For example, if you hold 100 grams of 22kt gold bullion, your Zakat would be 100 x PKR 1,021 = PKR 102,100. This simple method ensures your Zakat is accurate and compliant with Shariah principles.

Why Choose PGBX for Gold Bullion in Pakistan?

Pakistan Gold Bullion Exchange stands apart in the Pakistani bullion market because of its dedication to transparency, quality assurance, and Shariah compliance. Here is why PGBX is Pakistan’s most trusted gold bullion exchange:

PGBX provides SECP-registered gold bullion manufacturing through Pakistan Gold Bullion Limited, ensuring every gold bar meets strict quality and legal standards. The company publishes accurate and up-to-date Zakat rates every year, empowering Muslim investors with the information they need. PGBX promotes ethical and transparent bullion trading, removing ambiguity from the physical gold supply chain. It supports the development of a structured, regulated bullion ecosystem in Pakistan  benefiting individual investors, traders, and institutions alike.

Conclusion: Trust PGBX for Zakat on Gold and Silver in Pakistan

Paying Zakat is a sacred obligation, and doing so accurately requires reliable, up-to-date gold and silver market rates. Pakistan Gold Bullion Exchange (PGBX) is committed to making this process easy and trustworthy for every Muslim investor and household in Pakistan. With published Zakat rates for 24kt, 22kt, 21kt, and 18kt gold bullion bars, as well as silver, PGBX provides the most credible and Shariah-aligned reference for Zakat calculation in the country. Trust PGBX Pakistan’s premier gold bullion exchange — to guide your Zakat and bullion investment decisions.