The Zakah of Owned and Debted Merchandise

The questioner:
Wealth is not intended for zakah; there is no zakah except with intention. Abu Bakr took something from his charity without making a mistake.

The Shaykh:
By their agreement, they agreed that this is for zakah, yes.

The questioner:
May Allah bless you. The shops. How? Commercial shops, if there is merchandise in the shopkeeper's debt, for example, half the merchandise is debt and half the merchandise he owns, then the time for zakah comes, does he pay zakah on what was...

The Shaykh:
The value of the merchandise present.

The questioner:
He pays zakah on the value of the merchandise present with him.

The Shaykh:
The lunar year is based on its original state.

The questioner:
Even if there is debt in his liability, meaning the merchandise is in two parts: a part he owns and a part...

The Shaykh:
The lunar year passes over it after he bought it and it is for trade; if the lunar year passes over it, he pays zakah on it.

The questioner:
But may Allah reward you, if his merchandise is in two parts: a part he owns, and a part is debt in his liability for which he has not paid its value?

The Shaykh:
And he does not pay zakah on what is present;