Hawalah is the assignment/ transfer of debt from one party (the assignor/ transferor or in Arabic al-muheel) to another party...
In general, hawalah (الحوالة) is an agreement to transfer or assign something to someone else. The subject matter (mahall- محل)...
Hawalah (also spelled hawala) is the assignment/ transfer of debt from one party (the assignor/ transferor or in Arabic al-muheel)...