UZBEKISTAN: Shariah compliant fintech company, Alif, has secured a US$5million credit line from Cur8 Capital, a UK Islamic finance investment fund. The financing will be directed towards the expansion of the Alif Nasiya retail financing service.
This deal represents the first phase of an ongoing funding round, with additional agreements expected to be announced soon. TMT Global Advisers served as the financial advisor for this transaction.
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