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Fatwa Office on Zakat for Shopping Card Funds
The Dar al-Iftaa article focused on the ruling regarding zakat on funds available through credit cards (Visa shopping cards). It clarified that the available balance on the card should not be subjected to zakat because it does not fulfill the condition of full ownership, whether it is used for purchases or cash withdrawals. The article also explained that the credit limit is not added to the cardholder's wealth when calculating the nisab (the minimum amount liable for zakat). Furthermore, withdrawing cash or using the card does not obligate the payment of zakat, as ownership is considered partial or deferred due to the repayment obligation. The article confirmed that anyone possessing wealth that reaches the nisab and has completed the lunar year (Hawl), and if the owned funds meet the conditions, then the amount withdrawn from the card is not added to the wealth when calculating zakat, according to the dominant opinion of Islamic jurists.
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