http://wiki.islamicfinance.de/index.php?action=history&feed=atom&title=HawalaHawala - Revision history2026-05-05T16:16:29ZRevision history for this page on the wikiMediaWiki 1.27.0http://wiki.islamicfinance.de/index.php?title=Hawala&diff=32&oldid=prevMg at 19:10, 16 February 20102010-02-16T19:10:42Z<p></p>
<p><b>New page</b></p><div>Arabic term meanings transport, transfer. In financial context debt transfer or more narrow money transfer. It is subject to the rules of debt transfer, so-called Hawaladar, money transfer agents, do not per se follow Islamic rules and are not part of the Islamic finance industry, e.g. Western Union or Moneygram.<br />
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The definition in the famous Ottoman Mejelle: “„If the debtor who makes a hawale says to his creditor, 'I have transferred (hawale) you to the account of such a one,' and they also accept, the hawale is concluded.“ The Mejelle, 680.</div>Mg