Lanka Business Online
Lanka Business Online
  • Home
  • Economy and Markets
    • Bills & Bonds
    • Budget
    • Commodity
    • Companies
    • Economy
    • Forex
    • Markets
    • Money
    • Policy
  • Industry
    • Apparel
    • Aviation
    • Banking and Finance
    • Companies
    • General Services
    • Insurance
    • Petroleum
    • Trade
    • Power
    • Real Estate & Construction
    • Shipping and Transport
    • Technology
    • Tourism
  • Opinion
    • Watch Tower
  • Politics
    • Politics
    • Defense
    • Elections
  • Other
    • Agriculture
    • Environment
    • In Pictures
    • Legal
    • People
    • South Asia
    • Special Reports
    • Sports
    • World
    • All Blogs
  • LBO TV
    • LBO Fireside Chat
    • LBR LBO Brand Summit
  • Contact Us
    • About Us
    • Privacy
    • LBO Newsletter
    • Email Disclaimer
    • Mobile Apps
  • Advertise
  • Home
  • Economy and Markets
    • Bills & Bonds
    • Budget
    • Commodity
    • Companies
    • Economy
    • Forex
    • Markets
    • Money
    • Policy
  • Industry
    • Apparel
    • Aviation
    • Banking and Finance
    • Companies
    • General Services
    • Insurance
    • Petroleum
    • Trade
    • Power
    • Real Estate & Construction
    • Shipping and Transport
    • Technology
    • Tourism
  • Opinion
    • Watch Tower
  • Politics
    • Politics
    • Defense
    • Elections
  • Other
    • Agriculture
    • Environment
    • In Pictures
    • Legal
    • People
    • South Asia
    • Special Reports
    • Sports
    • World
    • All Blogs
  • LBO TV
    • LBO Fireside Chat
    • LBR LBO Brand Summit
  • Contact Us
    • About Us
    • Privacy
    • LBO Newsletter
    • Email Disclaimer
    • Mobile Apps
  • Advertise
  1. Home
  2. Other News
  3. VIDEO: How does the hawala system work?

VIDEO: How does the hawala system work?

Author lbostgadmin | Posted on June 13, 2021 | Other News

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.

Tags: VIDEO: How does the hawala system work?
PREVIOUS ARTICLE Sri Lanka’s official reserves down to USD 4bn by end May; YTD rupee depreciation 6.7-pct
NEXT ARTICLE New Supreme Court Judge and New President of Court of Appeal sworn in

Recent Stories

Ceylon Chamber Highlights Importance of Balanced Tax Policy in Inland Revenue (Amendment) Bill 2026
Supreme Court held its first-ever paperless hearing; leads digital transformation with e-Filing initiative
Hambantota Intl Port Invests USD 108 Mn in New Cranes; Expands Container Terminal Capacity To 2 Mn TEU
Russian delegation in Sri Lanka for energy talks; signals fuel supply, fertilizer support, refinery interest
Rs. 952 Million Recovered from Decades-Old Court Productions in Landmark Cleanup
Sri Lanka’s Total Export Earnings Hit $1.4 Billion in February, Up 4.22% YoY
Middle East Conflict: The Impact on Migration and Remittances in Sri Lanka
oil-refinery
Iran Pledges Oil Support to Sri Lanka as Colombo Seeks Alternative Supplies
oil-pump
Opinion: Oil, Inflation and the QR System
SEC and CSE Strengthen Role of Auditors of Watchlist Companies

About Us

LBO is the pioneer and leader in online business and economics news in Sri Lanka. LBO brings you a more comprehensive online news experience, integrating a host of interactive tools to keep you better informed.

Our Mission

"Empowering informed citizens and fostering a thriving economy through accurate, fair, and solution-oriented business news, while championing press freedom and media integrity."

Subscribe Now

You can receive time-sensitive updates via email messaging. Enter your e-mail address to subscribe to our newsletter.

Quick Links

  • About Us
  • Advertise
  • Contact Us
  • LBO Newsletter
  • Privacy
  • Terms Of Use
© 2001-2026 Lanka Business Online (Pvt) Ltd. All rights reserved. Designed by Lanka Business Online (Pvt) Ltd.