How much of Corsair Gaming’s revenue comes from haram?

Corsair earns  its revenue from the following revenue sources:

  • Gamer and Creator Peripherals:

Includes gaming keyboards, mice, headsets, controllers, capture cards, stream decks, microphones, and studio accessories.

  • Component Products:

Includes power supply units, computer cooling solutions, cases for computer building, memory devices, and custom-built gaming PCs.

The contributions from each of Corsair’s revenue segments in their 2020 annual report were as follows:

Practical Islamic Finance concludes:

None of Corsair’s revenue comes from anything inherently haram.

Does Corsair Gaming rely on interest to operate?

Year-to-Date
for period ended
3/31/2021
Fiscal year
ended
12/31/2020
Fiscal year
ended
12/27/2019
Interest Income
Total Revenue$529,414$1,702,367$1,097,174
Interest Expense $4,946$35,137$35,548
Total Expenses$462,125$1,544,006$1,073,467
Interest Income / Revenue
Interest Expense / Total Expense1.07%2.28%3.31%
*Numbers in thousands, U.S. dollars

Practical Islamic Finance concludes:

Riba is used but not relied upon in Corsair’s operations.

What is Corsair Gaming’s Environmental, Social, and Governance (ESG) impact?

Environment

No notable environmental highlights.

Social

During the Covid-19 crisis, Corsair donated 1,000 headphones to support underprivileged students during the Covid lockdowns.

In addition, Corsair has a slightly above average Glassdoor rating of 3.5 out of 5.0 from current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.

Governance

No notable governance highlights.

Practical Islamic Finance concludes:

Corsair has a net positive ESG impact.

Comfort Rating

From Corsair Gaming’s business, financial, and ESG reviews, Practical Islamic Finance rates Corsair Gaming stock as:

Comfortable to invest in from a Halal perspective.

Sources

Social Impact | CORSAIR 

2020 Form 10-K

2021 Q1 10-Q
Corsair Reviews