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The question

How is the Zakat calculated for a ready-made clothing store if there are unsaleable goods purchased on credit, with part of the debt still outstanding, in addition to another loan for the house?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If goods are unsalable, the intention can be changed to personal use (qinya) to avoid . However, if the intention of trade remains, zakat is obligatory according to the majority of scholars, and this is the relied-upon opinion for . Debts are deducted from the value of trade goods, and the remainder is subject to zakat if it reaches the .

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
148511
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy