February 24, 2026

Capitalizations Index – B ∞/21M

How does the hawala system work? | Business

How does the hawala system work? | business

How does the hawala system work? | Business

How does the hawala system work? | businessMore Business: http://www.dw.com/en/program/business/s-30478-9798

Governments are trying to cripple Islamic State finances. A hard task because it uses an ancient payment system known as hawala. It’s illegal in many countries but actually widespread. Here’s just one example of how it works in every-day business.

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