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,
Tajik Soviet Socialist Republic created at the same time within the predominantly Turkic Uzbek SSR as an Autonomous Soviet Socialist Republic (Tajik ASSR) – one rank below a Soviet Socialist Republic in USSR geopolitical hierarchy. The new autonomous republic included what had been eastern Bukhara and had a population of about 740,000, out of a total population of nearly 5 million in the Uzbek Soviet Socialist Republic as a whole. Its capital was established in Dyushambe, which had been a village of 3,000 in 1920. In December 1929, Tajik ASSR was detached from the Uzbek SSR and given full status as a Soviet Socialist