How is the Zakat calculated for a fabric store that has completed a full year (hawl), considering the presence of goods purchased on credit, debts, annual expenses, and orders in transit, and are these factors deducted when calculating the Zakat value?

Regarding trade goods, zakat is due on the money with which you purchased them. If a merchant possesses the nisab (minimum threshold) in money and then uses it to buy trade goods, the hawl (zakat year) for these goods begins on the date he acquired the money. It is permissible to pay the zakat on goods either in textiles (the goods themselves) or in money.

Debts owed by the merchant are not deducted from the funds on which he pays zakat.

Annual license fees and shop rent, if paid before the completion of the zakat year, are not subject to zakat. If their payment is delayed, they are not deducted.

Orders that are in transit, if they have been purchased and the sale contract concluded, are counted among the zakatable assets, whether their price has been paid or not, because debts are not deducted. However, if they have not yet been purchased, they are not counted.