What is this?

[Drabant1701]

I have bought a small object and I can not figure out what it is. Its not for lack of trying though, I have gone through my arms amd armor literature hoping that it would be something related to that subject but found nothing. The Internet has not provided much help either. So yet again I turn to the forum for help.

The object is small 2,6 cm long and 2,2 cm in diameter. Its made of copper with text inlay in gold. I have copy´d the text to paper for easy reading.

The text may be some sort of magic square. like the four square once on shamshirs, but larger. I have looked at persian numerals and letters and found some matches, but there are some I cant find anywhere. It may well be nonsense letters, like on balkan pistols and such.

As for the object it self, Im thinking maybe part of some jewlery like an amulet. Or an end piece for tightening ropes on a small bag or satcel. Or a mouthpiece for a water pipe. I was kind of hoping for the en piece of a persian shamshir grip, but I dont think that is what it is.

Any comments or ideas will be appriciated.