hawala Meaning in English

Roman Urdu Dictionary

Roman Urdu to English Dictionary

حوالہ

English: allusion
Roman: hawala

حوالہ

English: citation
Roman: hawala

حوالہ

English: commitment
Roman: hawala

حوالہ

English: reference
Roman: hawala

حوالہ

English: traverse
Roman: hawala

Definitions

English definition for hawala

1. n. 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

All in One

Hawala or Hewala (Arabic: حِوالة‎‎, meaning transfer or sometimes trust), also known as hundi or - in Somali, xawala or xawilaad - is a popular and informal value transfer system based on the performance and honour of a huge network of money brokers, primarily located in the Middle East, North Africa, the Horn of Africa, and the Indian subcontinent, operating outside of, or parallel to, traditional banking, financial channels, and remittance systems.
Continue Reading
From Wikipedia, the free encyclopedia

Related Posts in iJunoon

2 related posts found for word hawala in iJunoon Website