The 33-year old defender is fit again after a calf injury but was left out of last weekend's win over Chelsea and could also miss out on Sunday when the Reds host league leaders Manchester City at Anfield.
But Dalglish insists that Carragher is still very much an important part of the make-up at Liverpool despite this tough time.
"Carra has only been back a week after his calf injury," said Dalglish. "He's an important part of this football club and of this squad, now and going forward. He knows that and we know that.
"We know what he's done for the football club. The respect and admiration he has here from myself and everyone else connected. He understands."