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The question

What should one do who has been working in trade since 1996 and constantly incurring losses, is unable to pay zakat on his wealth due to accumulated debts, and whenever he settles his debts, he starts incurring losses again?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

is not obligatory for you unless your wealth reaches the after deducting debts. Debt, according to the majority of scholars, diminishes zakat on inner wealth. Regarding commercial losses, it is advisable to consult specialists for a comprehensive study, along with making supplications and abandoning sins, as disobedience may deprive one of sustenance.

Summarized from the full answer at Ftawy · imported

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Ftawy
Original fatwa ID
45770
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