hawala

English

Alternative forms

Etymology

From Arabic حَوَالَة (ḥawāla, “transfer, trust”).

Pronunciation

  • IPA(key): /həˈwɑːlə/

Noun

hawala (countable and uncountable, plural hawalas)

  1. (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

Translations

See also

Anagrams

Swahili

Etymology

Borrowed from Arabic حَوَالَة (ḥawāla).[1]

Pronunciation

  • Audio (Kenya):(file)

Noun

hawala class IX (plural hawala class X)

  1. money order

References

  1. ^ Baldi, Sergio (30 November 2020), Dictionary of Arabic Loanwords in the Languages of Central and East Africa (Handbuch der Orientalistik; Erste Abteilung: Der Nahe und der Mittlere Osten; 145), Leiden • Boston: Brill, →ISBN, page 84 Nr. 751
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