hawala
Appearance
English
[edit]Alternative forms
[edit]Etymology
[edit]From Arabic حَوَالَة (ḥawāla, “transfer, trust”).
Pronunciation
[edit]Noun
[edit]hawala (countable and uncountable, plural hawalas)
- (Islamic finance) A long-established informal system of money transfer from South Asia and the Middle East, still in use by migrant workers.
Derived terms
[edit]Translations
[edit]money transfer