Concept information
Preferred term
informal value transfer systems
Definition(s)
- Informal value transfer systems or underground banking systems are often better known as hawala, a remittance system that developed during the Abbasid caliphate (c. 750–945 c.e., 133–334 Hijra), centuries before the invention of free-market capitalism. [Source: Encyclopedia of Transnational Crime & Justice; Informal Value Transfer Systems]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-TN40624K-F
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