How do I pay zakat on my money in the month of Rajab, given that I have financial obligations and scheduled debts, and knowing that a full year has not yet passed on the money? And what is the legal zakat threshold for this year?

If the time for paying Zakat arrives, and you possess the Zakat threshold (nisab) — which is equivalent to 85 grams of gold or 595 grams of silver — in excess of your needs and debts, then you must pay one-quarter of one-tenth (2.5%). However, if you do not have enough to meet the nisab after settling your debts, then no Zakat is due from you, because debt negates Zakat on concealed wealth. If you have other money in excess of your needs that is not subject to Zakat, then use it to cover the debt, and do not deduct the debt from the Zakat-eligible wealth. Money that has not completed a full year (hawl) or does not meet your obligations is not subject to Zakat.