Found in the following dictionaries
SOWPODS (Collins Scrabble Words)
OTCWL2014 (NASPA Word List 2014)
TWL06 (NASPA List 2006)
OTCWL2014 (NASPA Word List 2014)
TWL06 (NASPA List 2006)
"Hawala" Definition
noun
A system for remitting money, primarily in Islamic societies, in which a financial obligation between two parties is settled by transferring it to a third party, as when money owed by a debtor to a creditor is paid by a person who owes the debtor money. Hawala transactions are usually based on trust and leave no written record.
Source: American Heritage Dictionary
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