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,
Soviet republic (system of government) Soviet republic (system of government) A soviet republic (from - "Sovetskaya respublika," , , , , , etc) is a republic in which the government is formed of soviets (workers' councils) and politics are based on soviet democracy. Although the term is usually associated with Soviet member-states, it was not initially used to represent the political organisation of the Soviet Union, but merely a form of democracy. There were several revolutionary workers' movements in various areas of Europe which declared independence under the name of a soviet republic in the immediate aftermath of the First World War. The first Soviet