Hawalla
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Hawalla is a noun meaning Alternative form of hawala.
Meaning
Alternative form of hawala.
Example Sentences
Informal remittances in turn can also be stimulated by resorting to hawalla or other informal institutions during a disaster aftermath (Harvey 2007).
Twenty-seven-year-old Abdul Salaam, his 50-year-old brother Haji Osman Khan and his 19-year-old cousin Noor Aslam ran a hawalla (a money exchange/forwarding business) with branches in Pakistan and the UAE.
It is much more difficult when you are dealing with underground banking systems, hawalla systems, et cetera, when expatriate workers are trying to transfer money back home and there are no records or very little records to speak of.
In view of the provisions of the Payment of Wages Act, the question as to whether “hawalla payments” arranged by mill agents to their operatives going on leave should continue to be made since interest on such payments is no longer permissible, was considered by the Labour and Technical Advisory […]
Word Forms
- hawallas
Related Words
Related dictionary entries include hawala, hundee, hawalladar, muhalla, halawa, mohalla.
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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.