JOURNAL OF DEFENCE STUDIES

Severing the Hawala Trail to and from India

Brig. Dushyant Singh is commanding an Infantry Brigade along the Line of Control in Jammu and Kashmir.
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  • October 2009
    Volume: 
    3
    Issue: 
    4
    Focus

    Terror groups need money for procuring weapons, ammunitions, material, communication equipment, recruiting, conducting information operations, housing, and paying compensation to active members and their dependents. Terror organizations utilize a number of sources to fund their operations such as charities, extortion from local traders, forest produce, narcotics, kidnapping-ransom, extortion from NGOs and aid organisations. So where does Hawala figure in the above matrix. Hawala largely acts as the mover of funds than source of funding. The advantages of this informal money transacting system make it extremely attractive to both genuine and illegal customers. India lacks a focused approach to counter the terrorist financing in general and Hawala in particular, and there is a need to minimise the illegal flow of money through Hawala system.

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