Persian/Armenian Qama Translation Help

[ariel]

It's Armenian.
There are not very many kindjals with Armenian inscriptions: thus, it is quite rare.
The best armourers of the 19th cen. Caucasus were ethnic Armenians ( Papov, Purunsuzov, Mamikonov, Khachatur), but they all were high class and made very tasteful and luxurious swords and daggers. Necessarily, their works followed the accepted level of decoration, ie. it was Caucasian, rather than Armenian.
The "in your face" Armenian work was likely done by the second-string masters or by those who worked in isolation ( Karabagh, Persian or Turkish Armenian diasporas etc.) Their works are cruder, with overdone ornamentation, not much free space. The marks on this kindjal are not truly Persian: they, too, were made by the same Armenian master in a Persian pattern.