close
    what is xawala

    what is hawal plz tel me

    0  Views: 2261 Answers: 1 Posted: 10 years ago
    Tags: how

    1 Answer

    Hawala (Arabic: meaning transfer), also known as hundi, is an informal value transfer system based on the performance and honour of a huge network of money brokers, which are primarily located in the Middle East, North Africa, the Horn of Africa, and the Indian subcontinent. It is basically a parallel or alternative remittance system that exists or operates outside of, or parallel to traditional banking or financial channels.


    Read more :http://en.wikipedia.org/wiki/Hawala



    Top contributors in Computers & Internet category

     
    Colleen
    Answers: 1625 / Questions: 0
    Karma: 25215
     
    ROMOS
    Answers: 353 / Questions: 0
    Karma: 17250
     
    Deleted User
    Answers: 155 / Questions: 0
    Karma: 3555
     
    country bumpkin
    Answers: 50 / Questions: 0
    Karma: 3000
    > Top contributors chart
    452225
    questions
    719691
    answers
    753952
    users