Is Zakat obligatory on electrical tools owned by an individual with a capital of 5,000 pounds, knowing that this is not sufficient for his expenses?

Zakat is not obligatory on merchandise unless its conditions are met: reaching the nisab, which is equivalent to 85 grams of gold, the completion of a full lunar year (hawl), and full ownership. When zakat becomes obligatory, the merchandise is valued at its worth in local currency.