Hawala Is a

question 46

Multiple Choice

Hawala is a

• A) money transfer method that is done with few traces.
• B) way to earn for the use of money that does not involve interest.
• C) banking system in Islamic banking.
• D) category of loan at the bank for International Settlements.

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Definitions:

Norming Stage

The phase in team development where members resolve differences, appreciate colleagues' strengths, and respect the team's authority, leading to improved cooperation and progress towards goals.

Teamwork

The collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Synergy

The increased effectiveness achieved when individuals or groups work collaboratively, producing a combined effect greater than the sum of their separate effects.

Organisational Work

Activities and tasks performed within an organization to achieve its objectives, including both individual and collaborative efforts.