What is the meaning of hawala?

noun

  • 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.
    • usage: "terrorists make extensive use of hawala"
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). hawala. Retrieved September 22, 2026, from http://smartdefine.org/hawala/definitions/1223838
ChicagoWordNet. 2010. "hawala" http://smartdefine.org/hawala/definitions/1223838 (accessed September 22, 2026).
HarvardWordNet 2010, hawala, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/hawala/definitions/1223838>.
MLAWordNet. "hawala" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/hawala/definitions/1223838>