Publication:
Takaful is a game of numbers
Abstract
The advantage of large numbers is well known in many success stories. This is not to deny that quality of the individuals can be more important than mere numbers. We have seen in history especially that of Islam, where many times the early Muslim army was outnumbered by the opponents by three, four or even ten times, yet they won almost every battle. For instance, in the first battle with idolaters of Makkah better known as Battle of Badr, in the second year of Hijrah, the Muslim army managed to gather only about 317 people, with only two horses and 70 camels for transport. The Makkans came with 1,300 strong, 100 horsemen, 600 soldiers with mail armour and many camels. Yet this first ever battle between the two sides was won by the smaller army mainly due to the quality of the individuals in the Muslim army. They killed 70 men and brought back 70 more as captives.
Keywords
Takaful , Economics
Citation
Alhabshi, Syed Othman. (2016). Takaful is a game of numbers. IF Hub, 3 (November 2016), pp. 2-5.
Publisher
INCEIF