LOGI
Logitech International S.A.
Is LOGI Halal?
Computer peripherals and collaboration hardware with a generally permissible core business; current liquidity screens fail.
What You Should Know
Logitech sells gaming, keyboard, pointing-device, video-collaboration, webcam, tablet-accessory, headset and speaker products. The fiscal 2026 filing reports no borrowing outstanding, but cash and cash equivalents are 45.25% of total assets and receivables plus cash are 58.40%; disclosed interest income is 1.00% of sales.
⚠️ Concerns
- •Liquidity/assets are 45.25% and exceed the examined asset-based limits
- •Receivables plus cash/assets are 58.40%
- •Interest income from cash equivalents is 1.00% of fiscal-year sales
- •Gaming and Streamlabs services, cameras, microphones and customer end uses require qualitative review
- •Tariffs, customer concentration, supply chain, privacy and e-waste require continuing review
Current quantitative Sharia screen
Based on 10-K figures for the period ended 2026-03-31; calculated 2026-07-13.
0 / 3,848.588
1,741.546 / 3,848.588
2,247.413 / 3,848.588
48.246 / 4,840.761
- Financial
- Fails
- Overall
- Fails
Debt is 0.00%, but liquidity is 45.25% and receivables plus cash are 58.40%, above the examined FTSE asset limits. Disclosed interest income is 1.00%, below the examined 5% income limit; the liquidity failures are decisive.
- Financial
- Fails
- Overall
- Fails
Debt is 0.00%, but liquidity is 45.25% and receivables plus cash are 58.40%, exceeding the examined MSCI total-assets limit of 33.33%. This is a calculation against the named method, not an index-membership claim; business allocation is also incomplete.
- Financial
- Fails
- Overall
- Fails
Debt is 0.00%, but identifiable liquidity is 45.25%, above the examined Malaysia SAC 33% financial limit. This is a calculation against SAC ratios, not an official classification of a Swiss-listed security; product and cash-equivalent treatment remains unresolved.
- Financial
- Not calculated
- Overall
- Not calculated
A properly licensed and reproducible historical market-cap series is not stored, so these methods are not estimated from a current spot price.
Business-activity disclosure
Logitech sells computer peripherals, video-collaboration equipment, gaming hardware, tablet accessories, headsets and speakers. These are generally permissible technology products, and Logitech does not report a conventional lending or financial-services segment.
Limitation: The filing does not quantify every gaming, streaming, customer end use, platform service, advertising, government or entertainment activity into a universal prohibited-revenue numerator.
Purification
Logitech discloses $48.246 million of interest income, or 1.00% of fiscal-year sales, but the filing does not prescribe a scholar-approved purification percentage or allocate every cash-equivalent instrument and product activity. Readers should follow the scholar or methodology they use.
Inputs, assumptions and primary sources
- The audited balance sheet reports no short- or long-term debt caption and Logitech reported no borrowing outstanding under its $750 million revolving credit facility; conventional interest-bearing debt is therefore entered as zero. Operating lease liabilities and bank guarantees are not treated as debt here.
- Cash uses $1.741546 billion of cash and cash equivalents. Logitech says this balance includes bank demand deposits, short-term time deposits and U.S. Treasury securities; those instruments are not added again as separate securities.
- Receivables use $505.867 million of net accounts receivable. Logitech sells to distributors, retailers and e-tailers and discloses customer concentration, but does not report a financing portfolio.
- Revenue uses $4.840761 billion of fiscal-year 2026 net sales. Product categories include gaming, keyboards and combos, pointing devices, video collaboration, webcams, tablet accessories, headsets and other speakers.
- The $48.246 million interest-income line is disclosed for fiscal 2026 and arises from highly liquid instruments classified as cash equivalents. It is used for the income screen; deferred-compensation investment gains are not included.
- Gaming sales include PC and console peripherals and Streamlabs services. The filing does not quantify every user end use, game content, platform activity or customer industry into a universal prohibited-revenue numerator.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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