VOL. XLV
No 21
27-May-2002
ABU DHABI
Abu Dhabi Declaration Calls For Transparency In Huwalah Money Transfers
The popular andwidespread system of transferring money through the financial instrument of Huwalah hasgained international recognition at a two-day conference in Abu Dhabi which ended on 16 May. Theconference was attended by some 58 countries including the US,amid concerns that Huwalah could be used to financeterrorist organizations and to launder money. The Abu Dhabi Declaration issuedby...
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