Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Fauji Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain AA+ A1+ Stable -
2 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 30-Jul-21 Upgrade A A2 Stable -
3 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Company Entity 30-Jul-21 Maintain AA A1+ Stable -
4 Fatima Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain AA- A1+ Stable -
5 Pak Arab Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain A- A2 Developing Yes
6 Engro Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 29-Jul-21 Maintain AA A1+ Stable -
7 Honda Centre (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 29-Jul-21 Maintain BBB A2 Stable -
8 Pakistan Oxygen Limited
Press Release | Report | History
Pharma and Chemicals Entity 29-Jul-21 Maintain A A1 Stable -
9 Gas & Oil Pakistan Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 26-Jul-21 Preliminary AA- Stable -
10 Fazal Cloth Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Jul-21 Maintain A- A2 Positive -
11 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Insurance IFS 19-Jul-21 Maintain AAA Stable -
12 Sindh Engro Coal Mining Company
Press Release | Report | History
Energy Entity 19-Jul-21 Maintain AA A1+ Stable -
13 ACT2 Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 19-Jul-21 Upgrade BBB+ A2 Stable -
14 Sadiq Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 19-Jul-21 Maintain BBB+ A2 Stable -
15 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 19-Jul-21 Initial BFR 2+ Stable -
16 Engro Polymer & Chemicals Limited | Sukuk | Jan 19
Press Release | Report | History
Pharma and Chemicals Debt Instrument 18-Jul-21 Maintain AA Stable -
17 Engro Polymer & Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain AA- A1+ Positive -
18 Nimir Resins Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain A- A2 Stable -
19 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain A+ A1 Stable -
20 Jamal Pipe Industries (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 16-Jul-21 Maintain BBB A2 Stable -
21 Askari Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 14-Jul-21 Maintain A- Stable -
22 Cedar Capital (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 12-Jul-21 Initial BMR3 Stable -
23 Liberty Mills Limited
Press Release | Report | History
Textile & Allied Entity 10-Jul-21 Maintain A+ A1 Stable -
24 Pak Elektron Limited
Press Release | Report | History
Consumers Goods & Services Entity 06-Jul-21 Maintain A+ A1 Stable -
25 Engro Elengy Terminal (Private) Limited
Press Release | Report | History
Energy Entity 06-Jul-21 Maintain AA- A1 Stable -
26 Amreli Steels Limited
Press Release | Report | History
Infrastructure Entity 05-Jul-21 Maintain A- A2 Stable -
27 TPL Trakker Limited | Sukuk-I | May-16
Press Release | Report | History
Logistics Debt Instrument 02-Jul-21 Maintain A+ Stable -
28 Descon Oxychem Limited
Press Release | Report | History
Pharma and Chemicals Entity 01-Jul-21 Maintain A A1 Positive -
29 Kohat Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 01-Jul-21 Maintain A- A2 Stable -
30 Saif Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 01-Jul-21 Maintain A- A2 Stable -
31 Aggrio Pakistan (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jun-21 Maintain BB - Stable -
32 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Insurance IFS 30-Jun-21 Maintain A+ Stable -
33 GuarantCo Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 30-Jun-21 Maintain AAA A1+ Stable -
34 Adamjee Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 29-Jun-21 Maintain A+ Stable -
35 TPL Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 29-Jun-21 Maintain A- Stable -
36 Bank AL Habib Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Banks Debt Instrument 29-Jun-21 Upgrade AA+ Stable -
37 Bank AL Habib Limited | Tier-I | TFC VI | Dec-17
Press Release | Report | History
Banks Debt Instrument 29-Jun-21 Upgrade AA Stable -
38 Dawood Family Takaful Limited
Press Release | Report | History
Insurance IFS 29-Jun-21 Maintain A Stable -
39 K-Electric Limited
Press Release | Report | History
Energy Entity 29-Jun-21 Maintain AA A1+ Stable -
40 IGI Life Insurance Company
Press Release | Report | History
Insurance IFS 29-Jun-21 Maintain A+ Stable -
41 Pakistan Kuwait Investment Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 29-Jun-21 Maintain AAA A1+ Stable -
42 Chanar Energy Limited
Press Release | Report | History
Energy Entity 28-Jun-21 Maintain BBB- A3 Negative Yes
43 First Women Bank Limited
Press Release | Report | History
Banks Entity 28-Jun-21 Maintain A- A2 Stable Yes
44 The Bank of Khyber
Press Release | Report | History
Banks Entity 26-Jun-21 Maintain A A1 Stable -
45 Bank Alfalah Limited
Press Release | Report | History
Banks Entity 26-Jun-21 Maintain AA+ A1+ Stable -
46 Faysal Bank Limited
Press Release | Report | History
Banks Entity 26-Jun-21 Maintain AA A1+ Stable -
47 Bank AL Habib Limited
Press Release | Report | History
Banks Entity 26-Jun-21 Upgrade AAA A1+ Stable -
48 The Bank of Punjab | TFC II | April-18
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Upgrade AA Stable -
49 ACT Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 25-Jun-21 Maintain A A1 Positive -
50 Askari Bank Limited | TFC VI ( Additional Tier I ) | Jul-18
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain AA- Stable -
51 Pakistan Microfinance Investment Company Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-21 Maintain AA A1+ Stable Yes
52 JS Bank Limited | TFC II
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A+ Stable -
53 EFU General Insurance Limited
Press Release | Report | History
Insurance IFS 25-Jun-21 Maintain AA+ Stable -
54 The Bank of Punjab | TFC I | Dec-16
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Upgrade AA Stable -
55 Dawood Hercules Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-21 Maintain AA A1+ Stable -
56 JS Bank Limited | TFC Tier 1
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A Stable -
57 Standard Chartered Bank (Pakistan) Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AAA A1+ Stable -
58 Roomi Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 25-Jun-21 Maintain A- A2 Stable Yes
59 Askari Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AA+ A1+ Stable -
60 Pak-Libya Holding Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-21 Maintain AA- A1+ Positive -
61 Soneri Bank Limited | TFC II | Jul-15
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A+ Stable -
62 National Bank of Pakistan
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AAA A1+ Stable -
63 Mahmood Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Jun-21 Maintain A- A2 Stable -
64 AlBaraka Bank (Pakistan) Limited | Sukuk | Sep-14
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A- Stable -
65 BankIslami Pakistan Limited | Modaraba Sukuk
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A- Stable -
66 AlBaraka Bank (Pakistan) Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain A A1 Stable -
67 Nishat Hotels and Properties Ltd
Press Release | Report | History
Consumers Goods & Services Entity 25-Jun-21 Maintain A- A2 Stable Yes
68 Pioneer Cement Limited
Press Release | Report | History
Infrastructure Entity 25-Jun-21 Maintain A A2 Negative -
69 Soneri Bank Limited | Tier 1 TFC
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A Stable -
70 PAIR Investment Company Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-21 Maintain AA A1+ Stable -
71 Askari Bank Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain AA Stable -
72 Habib Metropolitan Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AA+ A1+ Stable -
73 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 25-Jun-21 Initial BFR 2 Stable -
74 JS Bank Limited | PPTFC | Dec-16
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A+ Stable -
75 Cedar Capital (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 25-Jun-21 Initial BFR 3 Stable -
76 Engro Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-21 Maintain AA+ A1+ Stable -
77 Soneri Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AA- A1+ Stable -
78 BankIslami Pakistan Limited
Press Release | Report | History
Banks Entity 24-Jun-21 Maintain A+ A1 Positive -
79 Reliance Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-21 Maintain A- A2 Positive -
80 E-Vision Manufacturing Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-21 Maintain BBB A2 Stable -
81 Siddiqsons Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-21 Maintain A- A1 Stable -
82 Ghani Chemical Industries Limited | ICP
Press Release | Report | History
Pharma and Chemicals Debt Instrument 24-Jun-21 Preliminary A A1 Stable -
83 JS Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain AA- A1+ Stable -
84 Allied Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain AAA A1+ Stable -
85 MCB Islamic Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain A A1 Stable -
86 Al Meezan Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 23-Jun-21 Maintain AM1 Stable -
87 NBP Fund Management Limited
Press Release | Report | History
Capital Markets Asset Manager 23-Jun-21 Maintain AM1 Stable -
88 Master Green Energy Limited
Press Release | Report | History
Energy Entity 23-Jun-21 Maintain A A1 Developing Yes
89 MCB Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain AAA A1+ Stable -
90 Narowal Energy Limited
Press Release | Report | History
Energy Entity 23-Jun-21 Maintain AA- A1+ Stable -
91 The Hub Power Company Limited
Press Release | Report | History
Energy Entity 21-Jun-21 Maintain AA+ A1+ Stable -
92 Olympia Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 21-Jun-21 Initial A- A1 Stable -
93 Alfalah Insurance Company Limited
Press Release | Report | History
Insurance IFS 18-Jun-21 Upgrade AA Stable -
94 TPL Corp Limited | PPCP
Press Release | Report | History
Holding Company Debt Instrument 18-Jun-21 Preliminary A A1 Stable -
95 The Bank of Punjab
Press Release | Report | History
Banks Entity 18-Jun-21 Upgrade AA+ A1+ Stable -
96 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Jun-21 Initial BBB+ A2 Stable -
97 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Jun-21 Initial BBB+ A2 Stable -
98 Packages Limited
Press Release | Report | History
Holding Company Entity 16-Jun-21 Maintain AA A1+ Stable -
99 Ghani Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Jun-21 Upgrade A A1 Stable -
100 Avanceon Limited
Press Release | Report | History
Engineering and Technology Entity 11-Jun-21 Initial A- A2 Stable -
101 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Logistics Entity 10-Jun-21 Maintain AAA A1+ Stable -
102 Pakistan Refinery Limited
Press Release | Report | History
Energy Entity 09-Jun-21 Maintain A- A2 Stable Yes
103 LOTTE Kolson (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 09-Jun-21 Maintain A- A2 Stable -
104 TPL Trakker Limited | Sukuk
Press Release | Report | History
Logistics Debt Instrument 07-Jun-21 Initial A+ Stable -
105 Martin Dow Marker Limited
Press Release | Report | History
Pharma and Chemicals Entity 04-Jun-21 Initial A+ A1 Stable -
106 Hub Power Holdings Limited | Sukuk
Press Release | Report | History
Holding Company Debt Instrument 04-Jun-21 Maintain AA+ Stable -
107 Gas & Oil Pakistan Limited
Press Release | Report | History
Energy Entity 04-Jun-21 Maintain A+ A1 Stable -
108 K-Electric | ICP-15
Press Release | Report | History
Energy Debt Instrument 02-Jun-21 Initial AA A1+ Stable -
109 K-Electric | ICP-16
Press Release | Report | History
Energy Debt Instrument 02-Jun-21 Initial AA A1+ Stable -
110 Panther Tyres Limited
Press Release | Report | History
Auto and Allied Entity 01-Jun-21 Maintain A A1 Stable -
111 National Refinery Limited
Press Release | Report | History
Energy Entity 28-May-21 Maintain AA+ A1+ Negative -
112 The Hub Power Company Limited | PPSTS
Press Release | Report | History
Energy Debt Instrument 27-May-21 Initial AA+ A1+ Stable -
113 Attock Refinery Limited
Press Release | Report | History
Energy Entity 27-May-21 Maintain AA A1+ Negative Yes
114 Pakistan Mobile Communications Limited
Press Release | Report | History
Communication Entity 26-May-21 Upgrade AA A1 Stable -
115 Khadim Ali Shah Bukhari Securities Limited
Press Release | Report | History
Capital Markets Entity 26-May-21 Initial BBB+ A2 Stable -
116 Khadim Ali Shah Bukhari Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 26-May-21 Initial BFR 3+ Stable -
117 National Investment Trust Limited
Press Release | Report | History
Capital Markets Asset Manager 24-May-21 Upgrade AM1 Stable -
118 Samba Bank Limited | PPTFC
Press Release | Report | History
Banks Debt Instrument 21-May-21 Initial AA- Stable -
119 Hub Power Holdings Limited
Press Release | Report | History
Holding Company Entity 21-May-21 Maintain AA A1+ Stable -
120 Sitara Petroleum Service (Pvt.) Limited
Press Release | Report | History
Energy Entity 19-May-21 Maintain A- A2 Stable -
121 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 19-May-21 Initial AA(f) -
122 TPL Corp Limited
Press Release | Report | History
Holding Company Entity 18-May-21 Maintain A A1 Stable -
123 Nishat Mills Limited
Press Release | Report | History
Textile & Allied Entity 08-May-21 Maintain AA A1+ Stable -
124 AWT Money Market Fund (Formerly: AWT Asset Allocation Fund)
Press Release | Report | History
Capital Markets Stability Rating 07-May-21 Initial AA+(f) -
125 TPL Properties Limited
Press Release | Report | History
Infrastructure Entity 07-May-21 Maintain A+ A1 Stable -
126 Sefam (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 07-May-21 Maintain A- A2 Positive -
127 TPL Insurance Limited
Press Release | Report | History
Insurance IFS 07-May-21 Upgrade AA- Stable -
128 Flying Cement Company Limited
Press Release | Report | History
Infrastructure Entity 07-May-21 Maintain A- A2 Stable Yes
129 AL Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 07-May-21 Maintain BBB A2 Stable Yes
130 Alfalah CLSA Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 04-May-21 Maintain A- A1 Stable -
131 Infra Zamin Pakistan Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 04-May-21 Initial AAA A1+ Stable -
132 Alfalah CLSA Securities (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 04-May-21 Maintain BMR2+ Stable -
133 Telenor Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain A+ A1 Negative -
134 Shahzad Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 30-Apr-21 Maintain BBB+ A2 Stable Yes
135 The United Insurance Company of Pakistan Limited
Press Release | Report | History
Insurance IFS 30-Apr-21 Maintain AA Stable -
136 NRSP Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain A A1 Stable Yes
137 Mobilink Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain A A1 Stable -
138 Apna Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain BBB+ A3 Stable Yes
139 EcoPack Limited
Press Release | Report | History
Consumers Goods & Services Entity 30-Apr-21 Maintain BBB+ A2 Negative Yes
140 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 29-Apr-21 Initial BBB A2 Stable -
141 Rustam Towel (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 29-Apr-21 Upgrade BBB A2 Stable -
142 FINCA Microfinance Bank Limited
Press Release | Report | History
Banks Entity 28-Apr-21 Maintain A A1 Stable Yes
143 Mughal Iron & Steel Industries Limited | PP Sukuk
Press Release | Report | History
Infrastructure Debt Instrument 28-Apr-21 Initial A+ - Stable -
144 Masood Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 26-Apr-21 Maintain A- A2 Stable Yes
145 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 26-Apr-21 Maintain BBB- A3 Stable Yes
146 Allawasaya Spinning Mills (Pvt) Limited
Press Release | Report | History
Textile & Allied Entity 26-Apr-21 Maintain BB+ A3 Stable Yes
147 SAFCO Support Foundation
Press Release | Report | History
Banks Entity 23-Apr-21 Maintain BBB A3 Stable Yes
148 Shajar Capital Pakistan (Pvt.) Limited
Press Release | Report | History
Capital Markets Broker Management 23-Apr-21 Maintain BMR3 Stable -
149 Diamond Tyres Limited
Press Release | Report | History
Auto and Allied Entity 22-Apr-21 Initial A- A2 Stable -
150 Faysal Halal Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 21-Apr-21 Maintain AA(f) Stable -
151 Atlas Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 21-Apr-21 Maintain AA(f) Stable -
152 National Foods Limited
Press Release | Report | History
Food and Allied Entity 19-Apr-21 Initial AA- A1 Stable -
153 SPI Insurance Company Limited
Press Release | Report | History
Insurance IFS 19-Apr-21 Maintain A Stable Yes
154 Jhulay Lal Parboiled Rice Mill
Press Release | Report | History
Agriculture & Allied Entity 19-Apr-21 Maintain BBB A2 Stable -
155 Faysal Income and Growth Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain A(f) Stable -
156 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA(f) Stable -
157 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain A(f) Stable -
158 NBP Income Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain A(f) Stable -
159 Atlas Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA-(f) Stable -
160 Faysal Savings Growth Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA-(f) Stable -
161 NBP Active Allocation Riba Free Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain A-(f) Stable -
162 NBP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA(f) Stable -
163 Faysal Financial Sector Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA-(f) Stable -
164 Atlas Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA+(f) Stable -
165 The Hub Power Company Limited | Sukuk
Press Release | Report | History
Energy Debt Instrument 16-Apr-21 Maintain AA+ - Stable -
166 NBP Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain A+(f) Stable -
167 NBP Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA-(f) Stable -
168 786 Smart Fund (Formerly: Dawood Income Fund)
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA-(f) Stable -
169 Faysal MTS Fund (FMTSF)
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA-(f) Stable -
170 NBP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain A(f) Stable -
171 NBP Riba Free Saving Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain A+(f) Stable -
172 Atlas Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA-(f) Stable -
173 NBP Government Securities Plan-I
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA-(f) Stable -
174 Faysal Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA(f) Stable -
175 Pakistan Mortgage Refinance Company Limited | PP Sukuk
Press Release | Report | History
Development Institutions Debt Instrument 16-Apr-21 Initial AAA - Stable -
176 Atlas Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA-(f) Stable -
177 NBP Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Apr-21 Maintain AA(f) Stable -
178 Oasis Park Residencia
Press Release | Report | History
Infrastructure Project Grading 13-Apr-21 Initial PG5 Stable -
179 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 12-Apr-21 Maintain A+ A1 Stable -
180 Cherat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 10-Apr-21 Maintain A A1 Positive -
181 Sindh Microfinance Bank Limited
Press Release | Report | History
Banks Entity 09-Apr-21 Maintain A- A2 Stable Yes
182 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 09-Apr-21 Maintain A- A2 Stable -
183 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 09-Apr-21 Maintain BMR3+ Stable -
184 Alfalah GHP Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Apr-21 Maintain AA-(f) Stable -
185 Alfalah GHP Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Apr-21 Maintain AA(f) Stable -
186 Master Wind Energy Limited
Press Release | Report | History
Energy Entity 08-Apr-21 Maintain A A1 Stable -
187 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Apr-21 Maintain A+(f) Stable -
188 Alfalah GHP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Apr-21 Maintain AA+(f) Stable -
189 AWT Islamic Income Fund (Formerly: PIML Islamic Income Fund)
Press Release | Report | History
Capital Markets Stability Rating 08-Apr-21 Maintain A+(f) Stable -
190 AWT Income Fund (Formerly: PIML Income Fund)
Press Release | Report | History
Capital Markets Stability Rating 08-Apr-21 Maintain A+(f) Stable -
191 Alfalah GHP Income Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Apr-21 Maintain A+(f) Stable -
192 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Apr-21 Maintain AA-(f) Stable -
193 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 07-Apr-21 Maintain A- A2 Stable -
194 Masood Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 07-Apr-21 Maintain BBB+ A2 Stable Yes
195 SME Leasing Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 06-Apr-21 Downgrade B- A4 Negative Yes
196 NRSP Microfinance Bank Limited | Tier II TFC
Press Release | Report | History
Banks Debt Instrument 05-Apr-21 Preliminary A- Stable -
197 Escorts Investment Bank Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 05-Apr-21 Maintain A- A2 Stable -
198 First Capital Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 05-Apr-21 Maintain AM4++ Stable -
199 Secure Logistics Group (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 03-Apr-21 Maintain A- A2 Stable -
200 UBL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 02-Apr-21 Maintain AA+(f) Stable -
201 Gharibwal Cement Limited
Press Release | Report | History
Infrastructure Entity 02-Apr-21 Maintain A- A2 Stable -
202 Fecto Cement Limited
Press Release | Report | History
Infrastructure Entity 02-Apr-21 Maintain A- A2 Stable Yes
203 JS Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Apr-21 Maintain AA(f) Stable -
204 JS Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Apr-21 Maintain AA-(f) Stable -
205 JS Income Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Apr-21 Maintain A+(f) Stable -
206 JS Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Apr-21 Maintain AA+(f) Stable -
207 Sargodha Jute Mills Limited
Press Release | Report | History
Textile & Allied Entity 31-Mar-21 Maintain A- A2 Stable -
208 Saif Power Limited
Press Release | Report | History
Energy Entity 30-Mar-21 Maintain A+ A1 Stable -
209 BMA Chundrigar Road Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Mar-21 Maintain A(f) Stable -
210 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 29-Mar-21 Maintain BBB- A3 Stable Yes
211 NBP Government Securities Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 29-Mar-21 Maintain AA-(f) Stable -
212 NBP Government Securities Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 29-Mar-21 Maintain AAA(f) Stable -
213 NBP Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 29-Mar-21 Maintain A+(f) Stable -
214 Modaraba Al-Mali
Press Release | Report | History
Non Banking Financial Institutes Entity 26-Mar-21 Maintain BBB+ A2 Developing Yes
215 Kohinoor Energy Limited
Press Release | Report | History
Energy Entity 26-Mar-21 Maintain AA A1+ Stable -
216 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 25-Mar-21 Initial A- A2 Stable -
217 Pakistan Services Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Mar-21 Maintain A A1 Negative Yes
218 Pakistan Services Limited | Sukuk | Mar-18
Press Release | Report | History
Consumers Goods & Services Debt Instrument 24-Mar-21 Maintain A - Negative Yes
219 Halmore Power Generation Company Limited
Press Release | Report | History
Energy Entity 24-Mar-21 Maintain A+ A1 Stable -
220 NBP Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Mar-21 Maintain AA-(f) Stable -
221 Descon Engineering Limited
Press Release | Report | History
Infrastructure Entity 20-Mar-21 Initial AA- A1 Stable -
222 Unicol Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Mar-21 Initial A A1 Stable -
223 Maksons Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 18-Mar-21 Upgrade BBB- A2 Stable -
224 Reliance Petrochem Industries (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 16-Mar-21 Upgrade BBB+ A2 Stable -
225 NIT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Mar-21 Maintain AAA(f) Stable -
226 Zahir Khan & Brothers
Press Release | Report | History
Infrastructure Entity 10-Mar-21 Maintain A A2 Stable -
227 NIT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Mar-21 Maintain AA-(f) Stable -
228 NIT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Mar-21 Maintain AA-(f) Stable -
229 NIT Government Bond Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Mar-21 Maintain AA(f) Stable -
230 Lakson Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Upgrade AA+(f) Stable -
231 MCB DCF Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain AA-(f) Stable -
232 Pakistan Income Enhancement Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain A+(f) Stable -
233 MCB Pakistan Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain AA-(f) Stable -
234 Pakistan Cash Management Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain AA+(f) Stable -
235 Alhamra Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain AA-(f) Stable -
236 Pakistan Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain A+(f) Stable -
237 MCB Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain AA+(f) Stable -
238 Alhamra Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain AA-(f) Stable -
239 Lakson Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain A+(f) Stable -
240 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Capital Markets Stability Rating 09-Mar-21 Maintain AA(f) Stable -
241 Liberty Wind Power 2 Limited
Press Release | Report | History
Energy Entity 04-Mar-21 Initial A- A2 Stable -
242 AKD Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Mar-21 Maintain AA+(f) Stable -
243 D.G. Khan Cement Company Limited
Press Release | Report | History
Infrastructure Entity 04-Mar-21 Maintain AA- A1+ Stable -
244 First Habib Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Mar-21 Maintain AA(f) Stable -
245 Shujabad Agro Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 04-Mar-21 Upgrade A- A2 Stable -
246 Liberty Wind Power 1 Limited
Press Release | Report | History
Energy Entity 04-Mar-21 Initial A- A2 Stable -
247 First Habib Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Mar-21 Upgrade AA(f) Stable -
248 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Communication Entity 04-Mar-21 Upgrade BBB+ A2 Stable -
249 ORIX Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 04-Mar-21 Maintain AA A1+ Stable -
250 AKD Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Mar-21 Maintain A+(f) Stable -
251 AKD Aggressive Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Mar-21 Maintain A(f) Stable -
252 ORIX Leasing Pakistan Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 03-Mar-21 Maintain AA+ A1+ Stable -
253 Etimaad Engineering (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 03-Mar-21 Maintain BBB A2 Stable -
254 Alfalah GHP Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Mar-21 Maintain AM2+ Stable -
255 Adamjee Insurance Company Limited
Press Release | Report | History
Insurance IFS 02-Mar-21 Maintain AA+ Stable -
256 IGI General Insurance Limited
Press Release | Report | History
Insurance IFS 26-Feb-21 Maintain AA Stable -
257 Sapphire Electric Company Limited
Press Release | Report | History
Energy Entity 26-Feb-21 Maintain AA- A1+ Stable -
258 Oursun Pakistan Limited
Press Release | Report | History
Energy Entity 26-Feb-21 Upgrade A A1 Stable -
259 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Energy Entity 25-Feb-21 Upgrade A A2 Stable -
260 Sindh Insurance Limited
Press Release | Report | History
Insurance IFS 24-Feb-21 Maintain A+ Stable -
261 Pak Qatar General Takaful Limited
Press Release | Report | History
Insurance IFS 24-Feb-21 Maintain A Stable -
262 Maqbool Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 20-Feb-21 Maintain BBB+ A2 Stable -
263 Gul Ahmed Electric Limited
Press Release | Report | History
Energy Entity 19-Feb-21 Upgrade A- A2 Stable -
264 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Feb-21 Maintain BBB A2 Stable -
265 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Feb-21 Maintain A+(f) Stable -
266 Nishat Paper Products Company Limited
Press Release | Report | History
Consumers Goods & Services Entity 17-Feb-21 Initial A A1 Stable -
267 Pak Oman Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Feb-21 Downgrade A+(f) Stable -
268 Askari High Yield Scheme
Press Release | Report | History
Capital Markets Stability Rating 17-Feb-21 Maintain A(f) Stable -
269 Askari General Insurance Company Limited
Press Release | Report | History
Insurance IFS 16-Feb-21 Maintain AA Stable -
270 Bank Alfalah Limited | TFCs | Series A
Press Release | Report | History
Banks Debt Instrument 16-Feb-21 Initial AAA Stable -
271 Golden Arrow Stock Fund (Formerly: Golden Arrow Selected Stocks Fund)
Press Release | Report | History
Capital Markets Performance Ranking 15-Feb-21 Improved 5-Star 5-Star -
272 Pak Oman Advantage Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 15-Feb-21 Same 2-Star 3-Star - -
273 Pak Oman Asset Management
Press Release | Report | History
Capital Markets Asset Manager 15-Feb-21 Maintain AM3+ Positive -
274 Pak Oman Islamic Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 15-Feb-21 Improved 1-Star 1-Star -
275 First Capital Mutual Fund
Press Release | Report | History
Capital Markets Performance Ranking 15-Feb-21 Declined 1-Star 3-Star -
276 AKD Opportunity Fund
Press Release | Report | History
Capital Markets Performance Ranking 15-Feb-21 Improved 5-Star 5-Star -
277 AKD Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 15-Feb-21 Improved 4-Star -
278 Faysal Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 12-Feb-21 Improved 4-Star 4-Star -
279 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 12-Feb-21 Declined 2-Star 3-Star -
280 Faysal Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 12-Feb-21 Improved 3-Star 4-Star -
281 Lakson Equity Fund
Press Release | Report | History
Capital Markets Performance Ranking 12-Feb-21 Same 3-Star 3-Star -
282 Kohat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 12-Feb-21 Maintain A A1 Stable -
283 NBP Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Feb-21 Same 4-Star 4-Star -
284 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Feb-21 Same 4-Star 3-Star -
285 Punjab Oil Mills Limited
Press Release | Report | History
Food and Allied Entity 11-Feb-21 Maintain BBB+ A2 Stable -
286 Sadiq Oil Extraction (Pvt.) Ltd
Press Release | Report | History
Food and Allied Entity 11-Feb-21 Downgrade BBB- A3 Stable Yes
287 NBP Balanced Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Feb-21 Declined 4-Star 3-Star -
288 NBP Islamic Active Allocation Equity Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Feb-21 Same 4-Star 4-Star -
289 NBP Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Feb-21 Same 4-Star 3-Star -
290 NBP Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Feb-21 Improved 3-Star 4-Star -
291 EGAS (Pvt.) Limited
Press Release | Report | History
Energy Entity 10-Feb-21 Maintain BBB A2 Stable -
292 Hi-Tech Edible Oils (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 09-Feb-21 Maintain BBB A2 Stable -
293 Ibrahim Fibres Limited
Press Release | Report | History
Textile & Allied Entity 08-Feb-21 Maintain AA A1+ Stable -
294 AKD Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 08-Feb-21 Maintain AM3++ Stable -
295 The Universal Insurance Company Limited
Press Release | Report | History
Insurance IFS 08-Feb-21 Maintain A- Stable -
296 Loads Limited
Press Release | Report | History
Auto and Allied Entity 06-Feb-21 Maintain A A1 Stable -
297 Ghani Chemical Industries Limited | Sukuk | Feb-17
Press Release | Report | History
Pharma and Chemicals Debt Instrument 03-Feb-21 Maintain A- - Stable -
298 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 03-Feb-21 Maintain A- A1 Stable -
299 WAPDA | PPTFC | May-17
Press Release | Report | History
Energy Debt Instrument 02-Feb-21 Maintain AAA - Stable Yes
300 WAPDA | Sukuk | May-17
Press Release | Report | History
Energy Debt Instrument 02-Feb-21 Maintain AAA - Stable Yes
301 WAPDA | PPTFC | Sep-13
Press Release | Report | History
Energy Debt Instrument 02-Feb-21 Maintain AAA - Stable Yes
302 Foundation Power Company Daharki Limited
Press Release | Report | History
Energy Entity 01-Feb-21 Maintain AA- A1+ Stable -
303 KSB Pumps Company Limited
Press Release | Report | History
Engineering and Technology Entity 01-Feb-21 Initial A+ A1 Stable -
304 Salaam Takaful Limited (Formerly: Takaful Pakistan Limited)
Press Release | Report | History
Insurance IFS 01-Feb-21 Upgrade A Stable -
305 Crescent Star Insurance Limited
Press Release | Report | History
Insurance IFS 29-Jan-21 Maintain A- Stable Yes
306 WAPDA Dasu TFC-B
Press Release | Report | History
Energy Debt Instrument 29-Jan-21 Preliminary AAA - Stable Yes
307 Jauharabad Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 29-Jan-21 Upgrade BBB+ A2 Stable -
308 WAPDA Dasu Sukuk-B
Press Release | Report | History
Energy Debt Instrument 29-Jan-21 Preliminary AAA - Stable Yes
309 Hi-Tech Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 19-Jan-21 Maintain BBB- A3 Stable -
310 Islamabad Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 19-Jan-21 Maintain BBB A2 Stable -
311 H. Sheikh Noor-ud-Din & Sons (Private) Limited
Press Release | Report | History
Textile & Allied Entity 18-Jan-21 Maintain BBB A2 Negative Yes
312 Toyota Jinnah Motors (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 18-Jan-21 Maintain BBB A2 Stable Yes
313 Spud Energy Pty Limited (Pakistan Branch)
Press Release | Report | History
Energy Entity 15-Jan-21 Upgrade A A1 Stable -
314 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Food and Allied Entity 09-Jan-21 Initial BBB- A3 Stable -
315 ISE Towers REIT Management Company Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 07-Jan-21 Initial A A1 Stable -
316 U Microfinance Bank Limited | TFC
Press Release | Report | History
Banks Debt Instrument 04-Jan-21 Preliminary AA- Stable -
317 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 01-Jan-21 Upgrade AA+ A1+ Stable -
318 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 31-Dec-20 Initial A- A2 Stable -
319 Pak Suzuki Motor Company Limited
Press Release | Report | History
Auto and Allied Entity 31-Dec-20 Maintain AA- A1 Stable -
320 Zaver Petroleum Corporation (Pvt.) Limited
Press Release | Report | History
Energy Entity 30-Dec-20 Initial A- A2 Stable -
321 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 30-Dec-20 Maintain AA- A1 Stable -
322 Tufail Chemical & Surfactants (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 30-Dec-20 Maintain A- A2 Stable -
323 Airlink Communication
Press Release | Report | History
Distributors Entity 24-Dec-20 Maintain A- A1 Stable -
324 Sui Southern Gas Company Limited
Press Release | Report | History
Energy Entity 24-Dec-20 Maintain A+ A1 Negative Yes
325 United Ethanol Industries Limited
Press Release | Report | History
Agriculture & Allied Entity 24-Dec-20 Maintain A- A2 Stable -
326 Siddiqsons Tinplate Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Dec-20 Maintain A- A2 Stable -
327 786 Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 24-Dec-20 Maintain AM3 Stable -
328 Pakistan National Shipping Corporation
Press Release | Report | History
Logistics Entity 24-Dec-20 Maintain AA A1+ Stable -
329 Atlas Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 24-Dec-20 Maintain AM2+ Stable -
330 EFG Hermes Pakistan Limited
Press Release | Report | History
Capital Markets Entity 24-Dec-20 Maintain A- A1 Stable -
331 HUM Network Limited
Press Release | Report | History
Communication Entity 24-Dec-20 Maintain A+ A1 Developing Yes
332 EFG Hermes Pakistan Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 24-Dec-20 Maintain BMR2+ Stable -
333 Usmani International Associates (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 24-Dec-20 Maintain BB+ A3 Stable -
334 Cherat Packaging Limited
Press Release | Report | History
Consumers Goods & Services Entity 23-Dec-20 Maintain A A1 Stable -
335 TPL Trakker Limited
Press Release | Report | History
Logistics Entity 23-Dec-20 Maintain A- A2 Stable -
336 Orient Petroleum Inc. (Pakistan Branch)
Press Release | Report | History
Energy Entity 22-Dec-20 Initial A- A2 Stable -
337 Sayban International
Press Release | Report | History
Agriculture & Allied Entity 22-Dec-20 Maintain BB+ A3 Positive -
338 Arif Habib Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 18-Dec-20 Maintain BMR1 Stable -
339 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 18-Dec-20 Upgrade BBB+ A2 Stable -
340 IGI Holdings Limited
Press Release | Report | History
Holding Company Entity 18-Dec-20 Maintain AA A1+ Stable -
341 Sadiq Poultry (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 17-Dec-20 Maintain BBB+ A2 Stable Yes
342 Khaadi Pakistan (SMC-Pvt) Limited
Press Release | Report | History
Textile & Allied Entity 14-Dec-20 Initial A- A2 Stable -
343 JS Global Capital Limited
Press Release | Report | History
Capital Markets Entity 14-Dec-20 Maintain AA A1+ Stable -
344 Mega Conglomerate (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 14-Dec-20 Maintain AA- A1 Stable -
345 Ismail Industries Limited
Press Release | Report | History
Food and Allied Entity 14-Dec-20 Maintain A A1 Stable -
346 JS Global Capital Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 14-Dec-20 Maintain BMR1 Stable -
347 Pak Arab Refinery Limited
Press Release | Report | History
Energy Entity 10-Dec-20 Maintain AAA A1+ Stable -
348 Habib Insurance Company Limited
Press Release | Report | History
Insurance IFS 09-Dec-20 Maintain A+ Stable -
349 Kingcrete Builders
Press Release | Report | History
Infrastructure Entity 03-Dec-20 Upgrade BBB A2 Stable -
350 Byco Petroleum Pakistan Limited | Sukuk | Jan-17
Press Release | Report | History
Energy Debt Instrument 29-Nov-20 Maintain AAA - Stable -
351 Sapphire Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 27-Nov-20 Maintain A A1 Stable -
352 East West Insurance Company Limited
Press Release | Report | History
Insurance IFS 27-Nov-20 Maintain AA- Stable -
353 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 24-Nov-20 Maintain A A1 Stable -
354 Sapphire Fibres Limited
Press Release | Report | History
Textile & Allied Entity 23-Nov-20 Maintain A+ A1 Stable -
355 Ahmed Fine Weaving Limited
Press Release | Report | History
Textile & Allied Entity 18-Nov-20 Maintain A- A2 Stable -
356 Gul Ahmed Energy Limited
Press Release | Report | History
Energy Entity 10-Nov-20 Initial A- A2 Stable -
357 Pharmagen Limited
Press Release | Report | History
Pharma and Chemicals Entity 06-Nov-20 Upgrade A- A2 Stable -
358 Sui Northern Gas Pipelines Limited
Press Release | Report | History
Energy Entity 06-Nov-20 Maintain AA- A1 Stable -
359 Jubilee General Insurance Company Limited
Press Release | Report | History
Insurance IFS 05-Nov-20 Maintain AA+ Stable -
360 Ghandhara Nissan Limited
Press Release | Report | History
Auto and Allied Entity 05-Nov-20 Maintain A A1 Stable -
361 Ghandhara Industries Limited
Press Release | Report | History
Auto and Allied Entity 05-Nov-20 Maintain A A1 Stable -
362 Orient Rental Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 04-Nov-20 Initial A- A2 Stable -
363 Habibullah Coastal Power Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 04-Nov-20 Maintain A A1 Developing Yes
364 AGP Limited
Press Release | Report | History
Pharma and Chemicals Entity 29-Oct-20 Maintain A+ A1 Stable -
365 Kangore Traders
Press Release | Report | History
Agriculture & Allied Entity 29-Oct-20 Upgrade BBB A2 Stable -
366 Zahidjee Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 29-Oct-20 Maintain A- A2 Positive -
367 AGP Limited | Sukuk | Jun-17
Press Release | Report | History
Pharma and Chemicals Debt Instrument 29-Oct-20 Maintain A+ - Stable -
368 Islamabad Farms
Press Release | Report | History
Food and Allied Entity 29-Oct-20 Maintain BBB- A3 Stable -
369 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 28-Oct-20 Upgrade BBB- A2 Stable -
370 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Infrastructure Entity 23-Oct-20 Upgrade A A2 Stable -
371 Reliance International Commodities Exports (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 16-Oct-20 Upgrade BB+ A3 Stable -
372 Habib Construction Services Limited
Press Release | Report | History
Infrastructure Entity 16-Oct-20 Maintain BBB A2 Stable -
373 Engro Eximp Agriproducts (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 16-Oct-20 Maintain A- A2 Stable -
374 Hassan Ali Rice Export Company
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-20 Maintain BBB A2 Stable -
375 Awami Agro Commodities
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-20 Upgrade BBB- A2 Stable -
376 Liberty Power Tech Limited |Sukuk| Jan-11
Press Release | Report | History
Energy Debt Instrument 08-Oct-20 Maintain A+ - Stable -
377 Liberty Power Tech Limited
Press Release | Report | History
Energy Entity 08-Oct-20 Maintain A+ A1 Stable -
378 Liberty Power Tech Limited |TFF| Jan-11
Press Release | Report | History
Energy Debt Instrument 08-Oct-20 Maintain A+ - Stable -
379 MCB-Arif Habib Savings and Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 06-Oct-20 Upgrade AM1 Stable -
380 MACPAC Films Limited
Press Release | Report | History
Consumers Goods & Services Entity 05-Oct-20 Maintain BBB- A3 Stable -
381 SGM Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 02-Oct-20 Maintain BBB- A3 Positive -
382 PakGen Power Limited
Press Release | Report | History
Energy Entity 01-Oct-20 Maintain AA A1 Stable -
383 LalPir Power Limited
Press Release | Report | History
Energy Entity 01-Oct-20 Maintain AA A1 Stable -
384 Atlas Power Limited
Press Release | Report | History
Energy Entity 30-Sep-20 Maintain AA- A1+ Stable -
385 Popular Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-20 Maintain BBB+ A2 Stable -
386 Mehran Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-20 Maintain A- A2 Stable -
387 Chanar Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-20 Maintain BBB- A3 Stable -
388 Thardeep Microfinance Foundation
Press Release | Report | History
Banks Entity 30-Sep-20 Maintain BBB A3 Stable Yes
389 Noon Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-20 Upgrade BBB+ A2 Stable -
390 Ravi Automobile (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 29-Sep-20 Maintain BBB A2 Stable -
391 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 29-Sep-20 Upgrade A- A2 Stable -
392 Askari Cement Limited
Press Release | Report | History
Infrastructure Entity 25-Sep-20 Maintain A A1 Stable -
393 Kashf Foundation | PPTFC
Press Release | Report | History
Banks Debt Instrument 25-Sep-20 Maintain A - Stable Yes
394 Nagina Cotton Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Sep-20 Maintain A- A2 Stable -
395 First Habib Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 25-Sep-20 Maintain AA+ A1+ Stable -
396 Kashf Foundation
Press Release | Report | History
Banks Entity 25-Sep-20 Maintain A- A2 Stable Yes
397 Nishat Power Limited
Press Release | Report | History
Energy Entity 25-Sep-20 Upgrade AA- A1 Stable -
398 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 25-Sep-20 Upgrade AA- A1 Stable -
399 First Fidelity Leasing Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 25-Sep-20 Maintain BBB+ A2 Stable -
400 Ellcot Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Sep-20 Maintain A- A2 Stable -
401 First Punjab Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 25-Sep-20 Maintain A- A2 Stable -
402 Prosperity Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Sep-20 Maintain A- A2 Stable -
403 Thar Energy Limited
Press Release | Report | History
Energy Entity 24-Sep-20 Initial A- A2 Stable Yes
404 Global Marketing Services
Press Release | Report | History
Pharma and Chemicals Entity 23-Sep-20 Upgrade BBB- A3 Stable -
405 AL Habib Asset Management Limited (Formerly: Habib Asset Management Limited)
Press Release | Report | History
Capital Markets Asset Manager 15-Sep-20 Maintain AM2 Stable -
406 JWS Pakistan
Press Release | Report | History
Banks Entity 14-Sep-20 Maintain BBB- A3 Stable Yes
407 Tufail Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Sep-20 Maintain A- A2 Stable -
408 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Energy Entity 11-Sep-20 Upgrade A A1 Stable -
409 Bestway Cement Limited
Press Release | Report | History
Infrastructure Entity 11-Sep-20 Maintain AA- A1+ Stable -
410 BMA Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 06-Sep-20 Maintain AM4++ Stable Yes
411 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 04-Sep-20 Maintain BBB A2 Stable -
412 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 04-Sep-20 Maintain BBB A2 Stable -
413 Nayatel (Pvt.) Limited
Press Release | Report | History
Communication Entity 04-Sep-20 Maintain A A1 Stable -
414 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 03-Sep-20 Maintain A A1 Stable -
415 JS Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 01-Sep-20 Initial AM2 Stable -
416 BE Energy Limited
Press Release | Report | History
Energy Entity 28-Aug-20 Maintain A+ A1 Stable -
417 National Transmission & Despatch Company Limited
Press Release | Report | History
Energy Entity 28-Aug-20 Initial AA+ A1+ Stable -
418 Engro PowerGen Thar (Private) Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 28-Aug-20 Maintain A - Stable -
419 Lakson Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 28-Aug-20 Maintain AM2+ Stable -
420 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 28-Aug-20 Maintain BB+ A3 Stable -
421 Atlas Insurance Limited
Press Release | Report | History
Insurance IFS 28-Aug-20 Maintain AA Stable -
422 Fazal Rehman Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 28-Aug-20 Maintain A- A2 Stable -
423 The Hub Power Company Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 28-Aug-20 Maintain AA+ - Stable -
424 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 28-Aug-20 Maintain A- A2 Stable -
425 Ismail Iqbal Securities (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 28-Aug-20 Maintain BMR3 Stable -
426 Master Tiles and Ceramic Industries Limited
Press Release | Report | History
Infrastructure Entity 28-Aug-20 Maintain A- A2 Stable -
427 Asia Insurance Company Limited
Press Release | Report | History
Insurance IFS 26-Aug-20 Maintain A Positive -
428 Shaheen Insurance Company Limited
Press Release | Report | History
Insurance IFS 26-Aug-20 Maintain A Positive -
429 Warble (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 26-Aug-20 Upgrade BBB- A3 Stable -
430 Premier Insurance Limited
Press Release | Report | History
Insurance IFS 26-Aug-20 Maintain A Negative -
431 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 26-Aug-20 Upgrade BBB- A3 Stable -
432 Byco Petroleum Pakistan Limited
Press Release | Report | History
Energy Entity 25-Aug-20 Initial A- A2 Stable Yes
433 MAAKSONS ENGINEERING CORPORATION LIMITED
Press Release | Report | History
Infrastructure Entity 25-Aug-20 Maintain BBB+ A2 Stable -
434 AGAHE Pakistan
Press Release | Report | History
Banks Entity 21-Aug-20 Initial BB+ A3 Stable Yes
435 Pak Arab Fertilizers Limited | TFC
Press Release | Report | History
Agriculture & Allied Debt Instrument 21-Aug-20 Maintain A- - Developing Yes
436 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 21-Aug-20 Maintain BBB+ A2 Stable Yes
437 Fatima Fertilizer Company Limited | Sukuk
Press Release | Report | History
Agriculture & Allied Debt Instrument 19-Aug-20 Maintain AA- - Stable -
438 U Microfinance Bank Limited
Press Release | Report | History
Banks Entity 18-Aug-20 Initial A A1 Stable Yes
439 The General Tyre & Rubber Company of Pakistan Limited
Press Release | Report | History
Auto and Allied Entity 10-Aug-20 Maintain A A1 Stable -
440 Jahangir Siddiqui & Co. Ltd. | TFC X | Jul-17
Press Release | Report | History
Holding Company Debt Instrument 07-Aug-20 Maintain AA+ - Stable -
441 Eastern Garments (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 07-Aug-20 Maintain BBB+ A2 Stable -
442 Pakistan Synthetics Limited
Press Release | Report | History
Consumers Goods & Services Entity 07-Aug-20 Maintain BBB+ A2 Stable Yes
443 Jahangir Siddiqui & Co. Ltd. | TFC IX | Jun-16
Press Release | Report | History
Holding Company Debt Instrument 07-Aug-20 Maintain AA+ - Stable -
444 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 07-Aug-20 Maintain BBB+ A2 Stable -
445 Jahangir Siddiqui & Co. Ltd. | TFC XI | Mar-18
Press Release | Report | History
Holding Company Debt Instrument 07-Aug-20 Maintain AA+ - Stable -
446 Al Rahim Textile Industries Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-20 Maintain A- A2 Negative Yes
447 Lucky Electric Power Company Limited
Press Release | Report | History
Energy Entity 06-Aug-20 Upgrade AA- A1 Stable -
448 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-20 Maintain BBB A2 Stable -
449 Mekotex (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 05-Aug-20 Maintain A- A2 Negative Yes