It looks Turkish to me. Wild guessing, it might have been even made there in toto: blade, handle and custom scabbard. I agree that it is not very old.
The bone/horn combination is a usual feature of Caucasian kindjals and was also seen in the adjacent countries. The significance of it is simple: economy of materiel. The " white" part on higher-end examples was often made of relatively expensive ivory or walrus and was worn on the outside to impress the girls:-)
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