Hawala
Definition & Meaning
Pronunciation /həˈwɑːlə/ · Part of speech noun
Quick meaning: Hawala is a noun meaning (Islamic finance) A long-established informal system of money transfer from South Asia and the Middle East, still in use by migrant workers.
Meaning
(Islamic finance) A long-established informal system of money transfer from South Asia and the Middle East, still in use by migrant workers.
Word Forms
- hawalas
- hawalla
Related Words
Related dictionary entries include assignment, transfer, hawalla, hawaladar, hawalladar, halalah.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.