Kindjal: need help

[ariel]

This is a very simple kindjal that came from Georgia.
It has copper wire around the horn handle ant the bottom of the scabbard.
The fittings are also simple: brass.
The upper fitting has a date 1941.
There is an inscription on the blade (brass inlay) with a date 1328, ie 1910 Gregorian.
Questions:
-Can anybody read the inscription?
- How come 1941? During the Soviet regime manufacture and ownership of weapons (bladed as well!) was strictly forbidden. There were some decorative things done, but only for Party officials or dignitaries, and those were lavish! This one is a "peasant quality". If the entire scabbard/handle set was made for an old blade, how come the master was not afraid break the law?
- Also, the scabbard looks contemporary with the blade and made for it. Why 2 different dates?
_ Any other examples of "wiring' the handle and when?
_ Do decoration motives (shallow incisions) ring a bell re. origin?