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Biggest online marketplace in Tajikistan and Uzbekistan
We explore beyond national borders
We never stop
We always grow
Launched services for corporate clients and private entrepreneurs.
World Islamic Fintech Awards.
Alif awarded for the Best Shariah Compliant Payment, Remittance and FX Platform.
Courses were modified to the open school.
Alif Capital received a banking license under the number of 0000114 and was renamed Alif Bank.
CBH Compagnie Bancaire Helvétique SA - a Swiss private bank acquired a stake in Alif and has since been instrumental in our growth. Additionally - we launched money transfer service through Russian cards and SberBank Online.
During the restructuring of the entire group of companies, Alif Bank's Uzbek subsidiaries Alif Tech and Alif Moliya were registered under Alif Bank's parent company.
The Italian rating agency MicroFinanza Rating assigned Alif Bank a financial rating of BBB Stable.
Obtained a license as a Payment Institution in Uzbekistan.
Signing of strategic partnership agreement with Visa. Signing of corporate governance agreement with IFC.
Overcoming the pandemic.
Alif Academy, launched its JS Open School, and within the successful result of the course, the next online course Golang started.
IT and 1st-grade pupil.
The academy signed a partnership agreement with the Empire of Knowledge School and launched programming lessons for the 1st-grade pupil, they learn to draw different heroes and animate them to write a small-sized game.
The EWC Global Finals.
Alif has been selected for Top 100 Global Finals of The Entrepreneurship World Cup Award.
Gradually entered 14 regions of Uzbekistan.
Women in society
Academy launched an online course on basic programming for girls across the country.
Alif expands its footprint by entering the Uzbekistan market.
Alif Tech was opened in Uzbekistan. This is Alif's first significant step towards geographical expansion. Alif Tech is a subsidiary of Alif, that is granted IT Park resident status in the Republic of Uzbekistan.
A new office.
Alif Moliya was established in Uzbekistan and servicing sales of goods by installments through alifshop.uz.
A free training Centre.
Alif trains students and selects the best to join Alif.
Fair execution of tax laws.
Alif Capital was granted a certificate of appreciation from the Tax Committee of the Republic of Tajikistan for fair execution of tax laws and significant contribution to the state budget revenue.
A new Banking Centre was launched in Dushanbe city.
Clear vision of the future.
Alif raised funding from Monaco-based Tajik entrepreneur Khofiz Shakhidi, who in turn became 25% shareholder in Alif and became a Chairman of the Board. The raised funds allowed Alif to apply for a full banking license in Tajikistan.
Brand of the year.
Alif was awarded as the "Brand of the Year 2019. Peak of Fame".
alif.mobi, fully written in-house, is now the largest, most widely used and highly rated mobile wallet in the country.
Alif joined the International Money Transfer Systems.
Alif issued an overdraft card that allows free overdraft for 10 days – first such product in the country.
Alif issued 'Salom' a club card, which allows customers to buy goods by installments online and offline with minimal effort. To support Salom cards, Alif has also developed special software that turns ordinary smartphones into POS terminals, which merchants use to process Salom transactions. Alif is currently the clear market leader in Tajikistan for point-of-sale financing.
We launched a website with a personal account where all transactions and services can be monitored by users.
In-house Core Banking System.
Alif made a significant step towards becoming a fintech company by launching its fully in-house written Core Banking System (CBS), which allows Alif to be self-sufficient, fast and flexible.
Alif joined the National Card Processing Centre and started issuing Korti Milli cards. (Korti Milli exceeds 1.4 million cards, which is more than 83% of all payment cards in Tajikistan).
Launch of the first online shop.
The alif.shop is the country's first online shop with an option to buy goods in installments. Later, alif shop became the largest online-B2C marketplace in Tajikistan.
First steps to IT literacy for all.
Alif Academy, under the mentorship of Alif employees opened the first IT course for the talented people of Tajikistan.
A new Banking Centre was launched in Khujand city.
The first online acquiring.
Alif launched the first online acquiring platform for the Korti Milli, which allowed Korti Milli cardholders to pay online. By ushering a period of the rapid growth of fintech, Alif's system was later widely adopted by other banks in the country.
The valuable license.
Alif received the license as an MDO – Microcredit Deposit Organisation. Since then, Alif has been authorised to open deposits, conduct exchange transactions within the country and abroad, and permission has also been obtained to provide broader financial services.
The first deposit account opened.
We launched the first proprietary software “Customer Relationship Management” (CRM).
Within nine months of operation, Alif tripled its loan portfolio and became the 5th largest Microcredit organisation among the Association of Microcredit Organisations of Tajikistan (AMFOT).
Alif Capital was founded on and licensed as a Microcredit organisation.
The first offer.
The first car loan offered.
The first raise.
The first loan funding raised.
Board of Directors
Chairman of the board
Khofiz Shakhidi is a specialist in the field of investment business and has extensive experience in investment in rapidly developing sectors of the economy. He started his banking career in the City of London at Credit Agricole Indosuez and continued in the structural divisions of one of the oldest banks in Switzerland, BSI Bank in the UK, and Monaco. Currently, he is the owner of companies in finance, trading/logistics of commodities and real estate development.
Director and Co-founder
Abdullo Kurbanov is CEO and Co-founder of Alif. He is also a co-founder of Somon.tj (a classifieds website) - currently the second most popular website in Tajikistan (after Google). Previously, he served as Deputy Chairman of the Board of Orienbank, one of the largest commercial banks in Tajikistan. Prior to that, Abdullo was Vice-President for Mining Investments at Origo Partners PLC, a British private equity company with investments primarily in Mongolia and China. Earlier, Abdullo was based in London working as an analyst in the Metals & Mining team of UBS Investment Bank, a Swiss global investment bank. He also worked for Oliver Wyman (Financial Consulting) out of London and Moscow. Abdullo holds an MS in Finance with Distinction from the London School of Economics, UK (2009) and a BA in Management with High Honors from Bogazici University in Istanbul, Turkey (2008).
Director and Co-founder
Zuhursho Rahmatulloev is Co-Founder of Alif in Tajikistan and CEO of Alif Moliya in Uzbekistan. Prior to founding Alif, from 2011-12, Zuhursho served as Business Development Manager at BDO Tajikistan, one of the leading audit firms in the country. Previously he also co-founded and failed a number of start-ups in real estate and tourism. In addition, he co-founded a Public Organization, “Peshraft,” which supports young leaders through various stipend programs. Zuhursho holds an MA in International Political Economy with merit from the University of Warwick, UK (2010) and a BA in Business Administration with merit from London South Bank University (2009). He also holds a Chartered Islamic Finance Professional degree from the International Centre for Education in Islamic Finance (INCEIF) in Kuala Lumpur, Malaysia (2013).
Director and Co-founder
Firdavs Mirzoev is Co-founder of Alif. Prior to moving full time to Alif Bank he was the managing partner of one of the leading law firms in Tajikistan – Nazrisho & Mirzoev law firm, advising mainly international financial institutions and foreign investors on different matters of Tajik law. Firdavs holds an LL.M degree from the Saint Louis University School of Law (2011) and a diploma in law with honors from the Tajik State National University Faculty of Law (2007). He is also an Honorary Legal Adviser to the British Ambassador to Tajikistan and a CEDR accredited Mediator.
Rajabbek Sulaymonbekov is a Senior Executive with expertise in Financial Services, Corporate Finance, Project Finance, Strategic Planning, Risk Management, Leadership Development, Trade and Business Consulting with more than 20 years of experience. Currently he is working as a Deputy Chairman of the Board at OJSC Orienbank and as a CEO of Orien-Leasing LLC, a subsidiary of OJSC Orienbank. Rajabbek is a Board of Directors member at Somon Air LLC, a local airline company and a Board Member at American Chamber of Commerce (AmCham) in Tajikistan. He is a Co-founder of Alif Bank and several trading companies engaged with Import-Export operations such as Dionis LLC, Libos LLC, 1001 May LLC and etc. Rajabbek also has an experience working USAID funded projects in Central Asia.
Mass media about us
In May 2021, the International Finance Corporation (IFC) announced it was partnering with Alif Bank to boost digital finance and financial inclusion in Tajikistan.
July 12th, 2021
The company is recruiting employees in Tashkent and launched an online store selling goods by installments
April 11th, 2020
During the short period of its existence, "Alif" was able to implement a lot of unique projects for Tajikistan, which allowed the company to develop at a rapid pace.
May 11th, 2020
Alif Bank has been known for its continued efforts to digitalise its operations.
November 24th, 2020
Alif Bank - FinTech company with banking license in Tajikistan will compete in the Global Finals for a share of $1 million
January 21st, 2020
Alif has been at the forefront of these developments, growing to a leadership position in a number of credit and payment products.
January 21st, 2020
In five years, Alif has transformed from a startup idea of young people into a rapidly growing neobank in Central Asia.
January 21st, 2020
Visa and Alif Bank announced strategic partnership to develop digital payments ecosystem in Tajikistan
July 7th, 2020
Alif Moliya — a tech banking leader from an emerging Islamic economy
March 21st, 2021