Island welcomes a shoal development (6)

I believe the answer is:

alohas

'island welcomes' is the definition.
(I've seen this in another clue)

'a shoal development' is the wordplay.
'development' indicates an anagram.
'shoal' is an anagram of 'lohas'.
'a'+'lohas'='ALOHAS'

(Another definition for alohas that I've seen is " Byes".)

I've seen this clue in the Sydney Morning Herald.

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