Credit card liability for Zakat purpose If I have an interest free credit card that I use, can I deduct the amount of credit from my savings amount? A: You can deduct the amount you owe and will be repaying within the next 12 month. you cannot deduct the amount of credit which you haven’t used.And Allah knows best!Reviewed on 09/11/2021 Author: [email protected] Was this article helpful? Share: Previous Article Previous Article Next Article Next Article Related articles Deductible liabilities Zakat and Tax – Your Questions Answered Keep reading Deductible liabilities Zakat on debt Keep reading Deductible liabilities Should I pay Zakat on my student loan? Keep reading Helping you bring Zakat to life where you live. GIVE ZAKAT APPLY FOR HELP
