GLOBAL: Alif’s Nasiya service in Uzbekistan got a US$20 million debt investment boost from US-based impact private credit fund manager Accial Capital. Through the Nasiya service, Alif provides consumers in Uzbekistan with Shariah compliant retail finance for goods and services for up to 24 months. With this latest investment, the total funds raised by UK-based Alif for Uzbekistan from international investors in 2024 reached about US$50 million. Since entering the Uzbek market, Alif has attracted over US$150 million in equity and debt investments for Uzbekistan.
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