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.
Related Posts in iJunoon
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