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Hawala শব্দের বাংলা অর্থ: মাখজেন
Hawala Meaning In Bengali মাখজেন
Hawala
Definition
1) A traditional system of transferring money and goods based on trust and connections between individuals and networks, commonly used in the Middle East, South Asia, and parts of Africa.
2) An informal and largely unregulated method of transferring funds internationally, typically without the involvement of banks or formal financial institutions.
3) A system of money transfer that operates on a trust-based honor system, where intermediaries known as "hawaladars" facilitate transactions between individuals or businesses across international borders.
Examples
Hawala Example in a sentence
1) The illegal hawala system is often used to transfer money across borders without leaving a trace.
2) Authorities are cracking down on hawala networks that facilitate money laundering.
3) She sent money to her family overseas through a hawala dealer.
4) Many countries are concerned about the potential risks associated with hawala transactions.
5) The hawala system can be difficult to regulate due to its informal nature.
6) Some terrorists use hawala to finance their operations without attracting attention.
7) Hawala is a traditional method of money transfer that has been used for centuries in some cultures.
8) Due to its lack of transparency, hawala is often viewed as a risky way to send money.
9) Law enforcement agencies are working to dismantle hawala networks that operate outside the law.
10) Individuals looking to avoid taxes or hide illicit activities sometimes turn to hawala for financial transactions.
Part of Speech
Hawala (Noun)
Synonyms
Encyclopedia
A traditional system of transferring money and goods based on trust and connections between individuals and networks, commonly used in the Middle East, South Asia, and parts of Africa.
An informal and largely unregulated method of transferring funds internationally, typically without the involvement of banks or formal financial institutions.
A system of money transfer that operates on a trust-based honor system, where intermediaries known as "hawaladars" facilitate transactions between individuals or businesses across international borders.
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