To calculate Zakat, follow these steps:

1. Determine your eligible wealth: Include assets like cash, savings, investments, gold, silver, and business goods.
2. Set the Nisab threshold: The minimum amount subject to Zakat (currently 85 grams of gold or equivalent).
3. Calculate your total wealth: Add up eligible assets.
4. Apply the Zakat rate: 2.5% of total wealth above the Nisab threshold.
5. Consider exclusions: Debts, expenses, and certain assets (like primary residence and vehicle) are exempt.
6. Calculate the Zakat amount: 2.5% of the remaining wealth.
7. Pay Zakat: Distribute to eligible recipients (the poor, needy, etc.)