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A long-established informal system of money transfer from South Asia and the Middle East, still in use by migrant workers.
Definition source: English Wiktionary via Wiktextract
Usage: countable, uncountable
Qualifier: Islamic finance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
an underground banking system based on trust whereby money can be made available internationally without actually moving it or leaving a record of the transaction
Definition source: Princeton WordNet 3.0
Examples
- terrorists make extensive use of hawala
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Broader terms: banking industry, banking system
Borrowed from Arabic حَوَالَة (ḥawāla, “transfer, trust”).
Across languages
Translations
8 source translations are retained for this English entry.
-
Arabic:
حَوَالَة
(ḥawāla)
— money transfer
-
Bengali:
হুন্ডি
(hunḍi)
— money transfer
-
Bengali:
হাওলা
(haōla)
— money transfer
-
Chinese Mandarin:
哈瓦拉
— money transfer
-
Hindi:
हवाला
(havālā)
— money transfer
-
Somali:
xawaalad
— money transfer
-
Urdu:
ہُنْڈی
(hunḍī)
— money transfer
-
Urdu:
حَوَالَہ
(havāla)
— money transfer