Alif Capital Alif Capital Alif Capital (тадж. "Алиф Сармоя", рус. "Алиф Капитал") – is the first micro-financing organization in the Republic of Tajikistan which uses the principles of Islamic Finance. It is located in Tajikistan, Dushanbe. In August 2014, the law regulating Islamic finance was finally enacted, however, the National Bank of Tajikistan (NBT) is currently working on issuing instructions for the financial institutions that wish to work under the principles of Islamic Finance. Nevertheless, Alif Capital is considered the first micro-financing organization that is already implementing the principles of Islamic finance that do not conflict with the existing banking law. Therefore,
Dushanbe the area the next year. At the beginning of 1922, the town was taken by Basmachi troops led Enver Pasha, but on 14 July 1922 again came under the power of the Bolsheviks and was proclaimed the capital of the Tajik Autonomous Soviet Socialist Republic as a part of the Uzbek Soviet Socialist Republic in 1924. A Tajik Soviet Socialist Republic separate from the Uzbek SSR was created in 1929, and its capital Dyushambe was renamed "Stalinabad" (Russian: ; Tajik: "Stalinobod") for Joseph Stalin on 16 October 1929. In the years that followed, the city developed at a rapid pace.