Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Kohat Cement Company Limited
Press Release | Report | History
Cement Entity 26-Jan-23 Maintain A A1 Positive -
2 Nishat Mills Limited | PPSTS
Press Release | Report | History
Composite Debt Instrument 26-Jan-23 Initial AA A1+ Stable -
3 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 26-Jan-23 Maintain A- A1 Stable -
4 Mughal Iron & Steel Industries Limited | PP Sukuk | PKR 5bln | TBI
Press Release | Report | History
Steel Debt Instrument 25-Jan-23 Preliminary AA- - Stable -
5 Oursun Pakistan Limited
Press Release | Report | History
Power Entity 23-Jan-23 Maintain A A1 Stable -
6 Ali Embroidery Mills (Pvt.) Limited
Press Release | Report | History
Composite Entity 23-Jan-23 Initial BBB A2 Stable -
7 Usman Steels (Pvt.) Limited
Press Release | Report | History
Shipping Entity 20-Jan-23 Maintain BBB A2 Stable -
8 Fatima Fertilizer Company Limited
Press Release | Report | History
Fertilizer Entity 20-Jan-23 Upgrade AA+ A1+ Stable -
9 ACT2 Din Wind (Pvt) Limited ( formerly: ACT2 Wind (Pvt.) Limited )
Press Release | Report | History
Power Entity 18-Jan-23 Upgrade A- A2 Stable -
10 Al-Khair Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 18-Jan-23 Upgrade BBB A2 Stable -
11 H. Sheikh Noor-ud-Din & Sons (Private) Limited
Press Release | Report | History
Relief Entity 18-Jan-23 Maintain BBB A2 Stable -
12 Toyota Jinnah Motors (Pvt.) Limited
Press Release | Report | History
Passenger Cars Entity 18-Jan-23 Maintain BBB A2 Stable -
13 BRB Properties Builders and Developers
Press Release | Report | History
Real Estate Entity 17-Jan-23 Maintain BB+ A3 Stable -
14 Dynamic Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 17-Jan-23 Initial BBB A2 Stable -
15 Loads Limited
Press Release | Report | History
Automotive Parts Entity 16-Jan-23 Maintain A A1 Negative Yes
16 Spud Energy Pty Limited (Pakistan Branch)
Press Release | Report | History
Oil Exploration & Production Entity 13-Jan-23 Maintain A A1 Stable -
17 Ahmed Hassan Spinning Limited
Press Release | Report | History
Spinning Entity 11-Jan-23 Maintain BBB A2 Negative Yes
18 ISE Towers REIT Management Company Limited
Press Release | Report | History
Modaraba & NBFCs Entity 06-Jan-23 Maintain A A1 Stable -
19 Foundation Power Company Daharki Limited
Press Release | Report | History
Power Entity 06-Jan-23 Maintain AA- A1+ Stable -
20 JS Rental REIT
Press Release | Report | History
Real Estate Rental REIT Fund 03-Jan-23 Initial A+(rr) Stable -
21 Multi Resin Industries
Press Release | Report | History
Chemical Entity 03-Jan-23 Maintain BBB- A2 Stable -
22 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Composite Entity 31-Dec-22 Maintain A- A2 Stable -
23 Sayban International
Press Release | Report | History
Pesticides Entity 31-Dec-22 Upgrade BBB- A2 Stable -
24 AL Habib Islamic Savings Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Initial AA(f) Stable -
25 Novapack (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 30-Dec-22 Initial BBB- A3 Stable -
26 Alhamra Wada Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Initial AA(f) Stable -
27 MCB Pakistan Fixed Return Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Initial AA+(f) Stable -
28 Pak Oman Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Maintain AA(f) Stable -
29 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharmaceutical Entity 30-Dec-22 Maintain AA- A1 Stable -
30 Azhar Corporation (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 30-Dec-22 Maintain BBB A2 Stable -
31 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Furniture & Fixtures Entity 30-Dec-22 Maintain A- A2 Stable -
32 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Power Entity 30-Dec-22 Maintain AA+ A1+ Stable -
33 Ahmad Hassan Textile Mills Limited
Press Release | Report | History
Weaving Entity 30-Dec-22 Initial BBB+ A2 Stable -
34 AL Habib Islamic Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Initial AA+(f) Stable -
35 Reliance Insurance Company Limited
Press Release | Report | History
General Insurance IFS 30-Dec-22 Initial A+ (ifs) Stable -
36 Cherat Cement Company Limited
Press Release | Report | History
Cement Entity 28-Dec-22 Maintain A+ A1 Stable -
37 Pak Elektron Limited | PP Sukuk
Press Release | Report | History
Household Appliances Debt Instrument 28-Dec-22 Maintain A+ A1 Stable -
38 Al Rahim Textile Industries Limited
Press Release | Report | History
Towel Entity 28-Dec-22 Upgrade A A1 Stable -
39 Allah Tawaqal Metals (Pvt.) Limited
Press Release | Report | History
Steel Entity 28-Dec-22 Upgrade BB+ A3 Stable -
40 HBL Microfinance Bank (The First MicroFinanceBank Limited)
Press Release | Report | History
Microfinance Entity 28-Dec-22 Maintain A+ A1 Stable -
41 JS Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 27-Dec-22 Upgrade AM2+ Stable -
42 EFG Hermes Pakistan Limited
Press Release | Report | History
Brokerage & Securities Entity 23-Dec-22 Maintain A- A1 Stable -
43 Pakistan National Shipping Corporation
Press Release | Report | History
Shipping Entity 23-Dec-22 Maintain AA A1+ Stable -
44 TPL REIT Management Company Limited
Press Release | Report | History
Real Estate REIT Manager Rating 23-Dec-22 Maintain RM 3+ Stable -
45 786 Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 23-Dec-22 Maintain AM3 Stable -
46 TOTAL PARCO Pakistan Limited
Press Release | Report | History
Oil Marketing Companies Entity 23-Dec-22 Initial AAA A1+ Stable -
47 TPL Trakker Limited
Press Release | Report | History
Tracking Services Entity 23-Dec-22 Maintain A- A2 Stable -
48 TPL REIT Fund I
Press Release | Report | History
Real Estate REIT Fund Rating 23-Dec-22 Initial RFR 3+ Stable -
49 Cherat Packaging Limited
Press Release | Report | History
Paper and Packaging Entity 23-Dec-22 Maintain A A1 Positive -
50 Atlas Asset Management Limited
Press Release | Report | History
Asset Managers Asset Manager 23-Dec-22 Maintain AM2+ Stable -
51 Siddiqsons Tinplate Limited
Press Release | Report | History
Paper and Packaging Entity 23-Dec-22 Maintain A- A2 Stable -
52 EFG Hermes Pakistan Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 23-Dec-22 Maintain BMR2+ Stable -
53 Reliance Weaving Mills Limited
Press Release | Report | History
Composite Entity 23-Dec-22 Maintain A A2 Stable -
54 EFG Hermes Pakistan Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 23-Dec-22 Maintain BFR 2+ Stable -
55 Tariq Glass Industries Limited
Press Release | Report | History
Entity 23-Dec-22 Maintain A+ A1 Stable -
56 United Ethanol Industries Limited
Press Release | Report | History
Sugar Entity 22-Dec-22 Maintain A- A2 Stable -
57 EXIDE Pakistan Limited
Press Release | Report | History
Entity 22-Dec-22 Maintain BBB A2 Stable -
58 Swat Agro Chemicals
Press Release | Report | History
Pesticides Entity 21-Dec-22 Initial BBB- A2 Stable -
59 Zaver Petroleum Corporation (Pvt.) Limited
Press Release | Report | History
Oil Exploration & Production Entity 21-Dec-22 Maintain A- A2 Stable -
60 Lucky Electric Power Company Limited | PPSTS-7 | PKR 5bln | TBI
Press Release | Report | History
Power Debt Instrument 21-Dec-22 Preliminary AA A1+ Stable -
61 NRSP Microfinance Bank Limited | Tier II TFC
Press Release | Report | History
Microfinance Debt Instrument 21-Dec-22 Maintain A- - Negative Yes
62 Orient Petroleum Inc. (Pakistan Branch)
Press Release | Report | History
Oil Exploration & Production Entity 21-Dec-22 Maintain A- A2 Stable -
63 U Microfinance Bank Limited | TFC | Dec-22
Press Release | Report | History
Microfinance Debt Instrument 20-Dec-22 Preliminary AA- Stable -
64 WAPDA | Sukuk | May-17
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Maintain AAA Stable -
65 Arif Habib Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 16-Dec-22 Maintain BMR1 Stable -
66 Lucky Electric Power Company Limited | PPSTS-4 | PKR 5bln | Sep-22
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Initial AA A1+ Stable -
67 MACPAC Films Limited
Press Release | Report | History
Paper and Packaging Entity 16-Dec-22 Maintain BBB A2 Stable -
68 IGI Holdings Limited
Press Release | Report | History
Holding Company Entity 16-Dec-22 Maintain AA A1+ Stable -
69 Lucky Electric Power Company Limited | PPCP-2 | PKR 6bln | Nov-22
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Initial AA A1+ Stable -
70 Lucky Electric Power Company Limited | PPSTS-5 | PKR 7bln | Oct-22
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Initial AA A1+ Stable -
71 Arif Habib Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 16-Dec-22 Maintain BFR 1 Stable -
72 WAPDA | PPTFC | May-17
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Maintain AAA Stable -
73 Sui Southern Gas Company Limited
Press Release | Report | History
Distribution | Gas Entity 15-Dec-22 Maintain A A2 Stable Yes
74 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Construction Entity 15-Dec-22 Upgrade A- A2 Stable -
75 UBL Special Savings Plan – IV under UBL Special Savings Fund (USSP-IV)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
76 Khaadi Pakistan (SMC-Pvt) Limited
Press Release | Report | History
Composite Entity 14-Dec-22 Maintain A- A2 Positive -
77 NRSP Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 14-Dec-22 Downgrade A- A2 Negative Yes
78 UBL Special Savings Plan – VI under UBL Special Savings Fund (USSP-VI)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
79 UBL Special Savings Plan – II under UBL Special Savings Fund (USSP-II)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
80 JS Global Capital Limited
Press Release | Report | History
Brokerage & Securities Entity 14-Dec-22 Maintain AA A1+ Stable -
81 Mega Conglomerate (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 14-Dec-22 Maintain AA- A1 Stable -
82 JS Global Capital Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 14-Dec-22 Maintain BMR1 Stable -
83 Sapphire Retail Limited
Press Release | Report | History
Composite Entity 14-Dec-22 Maintain A- A2 Stable -
84 Khushhali Microfinance Bank Limited | PPTFC | PKR 1.5bln | Jun-22
Press Release | Report | History
Microfinance Debt Instrument 14-Dec-22 Maintain A- Negative Yes
85 UBL Special Savings Plan – V under UBL Special Savings Fund (USSP-V)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
86 JS Global Capital Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 14-Dec-22 Maintain BFR 1 Stable -
87 UBL Special Savings Plan – III under UBL Special Savings Fund (USSP-III)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
88 Rural Community Development Programmes
Press Release | Report | History
Microfinance Social Impact and Performance Rating 13-Dec-22 Initial SIP3++ Stable -
89 CSC Empowerment & Inclusion Programme
Press Release | Report | History
Microfinance Social Impact and Performance Rating 13-Dec-22 Initial SIP3 Stable -
90 Mughal Iron & Steel Industries Limited | PPCP | PKR 2 bln | TBI
Press Release | Report | History
Steel Debt Instrument 12-Dec-22 Preliminary A+ A1 Stable -
91 JS Microfinance Sector Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 12-Dec-22 Maintain A(f) Stable -
92 Pakistan Oil Mills (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 09-Dec-22 Maintain BBB+ A2 Stable -
93 Habib Insurance Company Limited
Press Release | Report | History
General Insurance IFS 09-Dec-22 Maintain A++ (ifs) Stable -
94 Ismail Industries Limited
Press Release | Report | History
Food Products Entity 09-Dec-22 Upgrade A+ A1 Stable -
95 Be Be Jan Pakistan Limited
Press Release | Report | History
Composite Entity 09-Dec-22 Initial BBB A2 Stable -
96 Pak Arab Refinery Limited
Press Release | Report | History
Refineries Entity 09-Dec-22 Maintain AAA A1+ Stable -
97 KSB Pumps Company Limited
Press Release | Report | History
Machinery Entity 08-Dec-22 Maintain A+ A1 Stable Yes
98 K-Electric | PPSTS-12 | PKR 5bln | Dec-22
Press Release | Report | History
Power Debt Instrument 08-Dec-22 Preliminary AA A1+ Stable -
99 K-Electric | PPSTS-11 | PKR 5bln | Oct-22
Press Release | Report | History
Power Debt Instrument 08-Dec-22 Initial AA A1+ Stable -
100 Bank AL Habib Limited | Tier-II | TFC X | PKR 7bln | Dec'22
Press Release | Report | History
Commercial Bank Debt Instrument 08-Dec-22 Preliminary AAA Stable -
101 Lucky Electric Power Company Limited | PPSTS-6 | PKR 4bln | Dec-22
Press Release | Report | History
Power Debt Instrument 05-Dec-22 Preliminary AA A1+ Stable -
102 Kingcrete Builders
Press Release | Report | History
Construction Entity 02-Dec-22 Maintain BBB A2 Stable -
103 Pak Qatar Cash Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial AA(f) Stable -
104 Pak Qatar Asan Munafa Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial AA(f) Stable -
105 Pak Qatar Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial A+(f) Stable -
106 Pak Qatar Daily Dividend Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial AA(f) Stable -
107 Pak Qatar Monthly Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial A+(f) Stable -
108 Pak Qatar Khalis Bachat Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial A(f) Stable -
109 Mughal Energy Limited
Press Release | Report | History
Power Entity 01-Dec-22 Initial A A2 Stable -
110 Spectrum Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 30-Nov-22 Maintain BMR3+ Stable -
111 Spectrum Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 30-Nov-22 Maintain BFR 3 Stable -
112 Abhi (Pvt.) Limited
Press Release | Report | History
Modaraba & NBFCs Entity 28-Nov-22 Initial A- A2 Stable -
113 East West Insurance Company Limited
Press Release | Report | History
General Insurance IFS 25-Nov-22 Maintain AA (ifs) Stable -
114 Sapphire Finishing Mills Limited
Press Release | Report | History
Composite Entity 25-Nov-22 Maintain A A1 Stable -
115 Samad Rubber Works (Pvt.) Limited
Press Release | Report | History
Chemical Entity 25-Nov-22 Initial BBB+ A2 Stable -
116 Byco Petroleum Pakistan Limited | Sukuk | Jan-17
Press Release | Report | History
Refineries Debt Instrument 25-Nov-22 Maintain AAA - Stable -
117 Stylers International Limited
Press Release | Report | History
Composite Entity 24-Nov-22 Initial A A1 Stable -
118 Pakistan Aluminium Beverage Cans Limited
Press Release | Report | History
Paper and Packaging Entity 24-Nov-22 Initial A+ A1 Stable -
119 HUM Network Limited
Press Release | Report | History
Media Entity 24-Nov-22 Maintain A+ A1 Stable -
120 Inbox Business Technologies Limited
Press Release | Report | History
Technology Entity 23-Nov-22 Upgrade A- A2 Stable -
121 DIC Pakistan Limited
Press Release | Report | History
Chemical Entity 23-Nov-22 Initial AA- A1 Stable -
122 Amanah Investments Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 23-Nov-22 Maintain BMR3 Stable -
123 WAPDA Dasu Sukuk-B
Press Release | Report | History
Power Debt Instrument 23-Nov-22 Maintain AAA - Stable -
124 Ghani Global Glass Limited
Press Release | Report | History
Entity 23-Nov-22 Maintain BBB+ A2 Positive -
125 Sapphire Fibres Limited
Press Release | Report | History
Composite Entity 23-Nov-22 Maintain A+ A1 Stable -
126 Popular Aseptic Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 23-Nov-22 Initial BBB A2 Stable -
127 Chanar Energy Limited
Press Release | Report | History
Power Entity 22-Nov-22 Maintain BBB- A3 Stable Yes
128 Platinum Steel Mill (Pvt.) Limited
Press Release | Report | History
Steel Entity 22-Nov-22 Initial BBB- A2 Stable -
129 Ghani Global Holdings Limited
Press Release | Report | History
Holding Company Entity 22-Nov-22 Maintain A- A2 Positive -
130 Airlink Communication
Press Release | Report | History
Mobile Phone and Allied Products Entity 22-Nov-22 Maintain A A1 Stable -
131 KTRADE Securities Limited
Press Release | Report | History
Brokerage & Securities Entity 22-Nov-22 Maintain A- A2 Stable -
132 Ahmed Fine Weaving Limited
Press Release | Report | History
Weaving Entity 18-Nov-22 Maintain A- A2 Stable -
133 WAPDA Dasu TFC-B
Press Release | Report | History
Power Debt Instrument 18-Nov-22 Maintain AAA - Stable -
134 Glamour Textile Mills Limited
Press Release | Report | History
Spinning Entity 16-Nov-22 Initial BBB- A2 Stable -
135 Soneri Bank Limited | Tier 2 Capital TFC | PKR 4bln | Dec'22
Press Release | Report | History
Commercial Bank Debt Instrument 14-Nov-22 Preliminary A+ Stable -
136 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 10-Nov-22 Upgrade A+ A1 Stable -
137 Liberty Power Tech Limited
Press Release | Report | History
Power Entity 10-Nov-22 Upgrade AA- A1 Stable -
138 Jubilee General Insurance Company Limited
Press Release | Report | History
General Insurance IFS 03-Nov-22 Maintain AA++ (ifs) Stable -
139 Etihad Alloys (Pvt.) Limited
Press Release | Report | History
Steel Entity 02-Nov-22 Upgrade BBB- A3 Developing -
140 Zahidjee Textile Mills Limited
Press Release | Report | History
Composite Entity 02-Nov-22 Upgrade A A1 Stable -
141 Orient Rental Modaraba
Press Release | Report | History
Modaraba & NBFCs Entity 31-Oct-22 Maintain A- A2 Stable -
142 Islamabad Farms
Press Release | Report | History
Poultry Entity 29-Oct-22 Maintain BBB- A3 Stable -
143 Optimus Capital Management (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 28-Oct-22 Maintain BFR 3++ Stable -
144 Habib Metropolitan Financial Services Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 28-Oct-22 Maintain BMR2 Stable -
145 China Power Hub Generation Company (Pvt.) Limited | PPSTS-2 | PKR 5bln | Dec-22
Press Release | Report | History
Power Debt Instrument 28-Oct-22 Preliminary AA+ A1+ Stable -
146 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 28-Oct-22 Maintain BMR2 Stable -
147 AGP Limited
Press Release | Report | History
Pharmaceutical Entity 26-Oct-22 Maintain A+ A1 Stable -
148 ABL Asset Management Company Limited
Press Release | Report | History
Asset Managers Asset Manager 26-Oct-22 Upgrade AM1 Stable -
149 Pharmagen Limited
Press Release | Report | History
Pharmaceutical Entity 25-Oct-22 Maintain A- A2 Stable -
150 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 22-Oct-22 Maintain BBB- A2 Positive -
151 Ghandhara Industries Limited
Press Release | Report | History
Trucks & Buses Entity 21-Oct-22 Maintain A+ A1 Stable -
152 Ghandhara Nissan Limited
Press Release | Report | History
Trucks & Buses Entity 21-Oct-22 Maintain A A1 Stable -
153 Postal Life Insurance Company Limited
Press Release | Report | History
Life Insurance IFS 21-Oct-22 Initial A+ (ifs) Stable -
154 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Steel Entity 21-Oct-22 Maintain A+ A1 Stable -
155 CCL Pharmaceuticals (Pvt.) Limited
Press Release | Report | History
Pharmaceutical Entity 20-Oct-22 Maintain A A1 Stable -
156 NBP Islamic Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain AA(f) Stable -
157 NBP Riba Free Saving Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
158 NBP Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain AA(f) Stable -
159 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
160 NBP Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
161 NBP Income Opportunity Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
162 NBP Mahana Amdani Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain AA-(f) Stable -
163 NBP Savings Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
164 Secure Logistics Group Limited
Press Release | Report | History
Trucks & Buses Entity 15-Oct-22 Maintain A A2 Stable -
165 Faysal Savings Growth Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
166 AWT Money Market Fund (Formerly: AWT Asset Allocation Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA+(f) Stable -
167 Atlas Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA+(f) Stable -
168 Faysal MTS Fund (FMTSF)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
169 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA(f) Stable -
170 Jhulay Lal Parboiled Rice Mill
Press Release | Report | History
Rice Entity 14-Oct-22 Maintain BBB A2 Stable -
171 Atlas Liquid Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Upgrade AA+(f) Stable -
172 Faysal Financial Sector Opportunity Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
173 Engro Eximp Agriproducts (Pvt.) Limited
Press Release | Report | History
Rice Entity 14-Oct-22 Maintain A- A2 Stable -
174 Atlas Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
175 Faysal Halal Amdani Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA(f) Stable -
176 Atlas Islamic Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA(f) Stable -
177 Faysal Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA(f) Stable -
178 Atlas Sovereign Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
179 786 Smart Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
180 Faysal Income and Growth Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain A(f) Stable -
181 Atlas Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
182 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain A+(f) Stable -
183 Reliance International Commodities Exports (Pvt.) Limited
Press Release | Report | History
Rice Entity 13-Oct-22 Upgrade BBB- A2 Stable -
184 Alfalah GHP Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain A+(f) Stable -
185 Alfalah GHP Sovereign Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain AA-(f) Stable -
186 Awami Agro Commodities
Press Release | Report | History
Rice Entity 13-Oct-22 Upgrade BBB A2 Stable -
187 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain AA-(f) Stable -
188 AWT Islamic Income Fund (Formerly: PIML Islamic Income Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain A+(f) Stable -
189 Din Energy Limited
Press Release | Report | History
Power Entity 13-Oct-22 Upgrade A A2 Stable -
190 Hassan Ali Rice Export Company
Press Release | Report | History
Rice Entity 13-Oct-22 Upgrade BBB+ A2 Stable -
191 AWT Income Fund (Formerly: PIML Income Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain A+(f) Stable -
192 Alfalah GHP Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain AA+(f) Stable -
193 A.J. Textile Mills Limited
Press Release | Report | History
Spinning Entity 12-Oct-22 Maintain A- A2 Stable -
194 Habib Construction Services Limited
Press Release | Report | History
Construction Entity 12-Oct-22 Upgrade BBB+ A2 Stable -
195 Irfan Noman Brothers (Pvt.) Limited
Press Release | Report | History
Rice Entity 10-Oct-22 Initial BBB+ A2 Stable -
196 MCB-Arif Habib Savings and Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 06-Oct-22 Maintain AM1 Stable -
197 The Bank of Khyber
Press Release | Report | History
Commercial Bank Entity 04-Oct-22 Upgrade A+ A1 Stable -
198 LalPir Power Limited
Press Release | Report | History
Power Entity 30-Sep-22 Maintain AA A1 Stable -
199 PakGen Power Limited
Press Release | Report | History
Power Entity 30-Sep-22 Maintain AA A1 Stable -
200 Thardeep Microfinance Foundation
Press Release | Report | History
Microfinance Entity 30-Sep-22 Maintain BBB A3 Stable Yes
201 Master Wind Energy Limited
Press Release | Report | History
Power Entity 30-Sep-22 Maintain A+ A1 Stable -
202 JS Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain AA(f) Stable -
203 JS Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain A+(f) Stable -
204 UBL Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain AA+(f) Stable -
205 JS Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain AA+(f) Stable -
206 JS Government Securities Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Initial AA(f) Stable -
207 JS Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain AA-(f) Stable -
208 Ravi Automobile (Pvt.) Limited
Press Release | Report | History
Automotive Parts Entity 29-Sep-22 Maintain BBB A2 Stable -
209 NBP Financial Sector Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 28-Sep-22 Maintain A+(f) Stable -
210 NBP Government Securities Liquid Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 28-Sep-22 Maintain AAA(f) Stable -
211 NBP Government Securities Savings Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 28-Sep-22 Maintain AA-(f) Stable -
212 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 28-Sep-22 Upgrade AA+(f) Stable -
213 My Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 27-Sep-22 Initial BBB+ A2 Stable -
214 Loads Limited | ICP-1 | Dec-22
Press Release | Report | History
Automotive Parts Debt Instrument 27-Sep-22 Preliminary A A1 Stable -
215 Bank Alfalah Limited | Additional Tier 1 TFC | PKR 7bln | Dec'22
Press Release | Report | History
Commercial Bank Debt Instrument 26-Sep-22 Preliminary AA- - Stable -
216 Kashf Foundation
Press Release | Report | History
Microfinance Entity 24-Sep-22 Maintain A- A2 Stable -
217 Kashf Foundation | PPTFC
Press Release | Report | History
Microfinance Debt Instrument 24-Sep-22 Maintain A - Stable -
218 Nishat Power Limited
Press Release | Report | History
Power Entity 24-Sep-22 Maintain AA- A1 Stable -
219 Service Industries Limited
Press Release | Report | History
Tyres Entity 24-Sep-22 Maintain AA- A1 Stable -
220 Prosperity Weaving Mills Limited
Press Release | Report | History
Weaving Entity 23-Sep-22 Maintain A- A2 Stable -
221 First Habib Modaraba
Press Release | Report | History
Modaraba & NBFCs Entity 23-Sep-22 Maintain AA+ A1+ Stable -
222 Global Marketing Services
Press Release | Report | History
Pharmaceutical Entity 23-Sep-22 Maintain BBB A2 Stable -
223 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Power Entity 23-Sep-22 Maintain AA- A1 Stable -
224 Nagina Cotton Mills Limited
Press Release | Report | History
Spinning Entity 23-Sep-22 Maintain A- A2 Stable -
225 Ellcot Spinning Mills Limited
Press Release | Report | History
Spinning Entity 23-Sep-22 Maintain A- A2 Stable -
226 NBP Islamic Savings Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 22-Sep-22 Maintain AA-(f) Stable -
227 Atlas Power Limited
Press Release | Report | History
Power Entity 22-Sep-22 Maintain AA- A1+ Stable -
228 Alfalah GHP Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 22-Sep-22 Upgrade AA+(f) Stable -
229 Trust Securities & Brokerage Limited
Press Release | Report | History
Brokerage & Securities Entity 20-Sep-22 Initial A- A2 Stable -
230 Nimir Chemicals Pakistan Limited
Press Release | Report | History
Chemical Entity 20-Sep-22 Initial A- A2 Stable -
231 Trust Securities & Brokerage Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 20-Sep-22 Initial BFR 2 Stable -
232 Dawood Equities Limited
Press Release | Report | History
Brokerage & Securities Entity 20-Sep-22 Maintain A- A2 Stable -
233 First Punjab Modaraba
Press Release | Report | History
Modaraba & NBFCs Entity 20-Sep-22 Maintain A- A2 Stable -
234 Trust Securities & Brokerage Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 20-Sep-22 Initial BMR2+ Stable -
235 OILCO Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 19-Sep-22 Maintain A- A2 Stable -
236 U Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 16-Sep-22 Upgrade A+ A1 Stable -
237 Berger Paints Pakistan Limited
Press Release | Report | History
Chemical Entity 16-Sep-22 Maintain A- A2 Stable -
238 Islamabad Feeds (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 16-Sep-22 Maintain BBB A2 Stable -
239 Malik MIJ Chunxing Resources Recycling Company Limited
Press Release | Report | History
Entity 15-Sep-22 Maintain BBB A2 Stable -
240 Madiha International (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 14-Sep-22 Initial BB A3 Stable -
241 International Business Management
Press Release | Report | History
Paper and Packaging Entity 14-Sep-22 Initial BB+ A3 Stable -
242 Salman Paper Products (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 14-Sep-22 Initial BBB A2 Stable -
243 Bikiya Industries (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 14-Sep-22 Initial BB A3 Stable -
244 Tapal Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 13-Sep-22 Initial A- A2 Developing -
245 Alhamra Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Sep-22 Maintain AA-(f) Stable -
246 Thar Energy Limited
Press Release | Report | History
Power Entity 12-Sep-22 Maintain A- A2 Stable Yes
247 NIT Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
248 MCB Cash Management Optimizer
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA+(f) Stable -
249 Bestway Cement Limited
Press Release | Report | History
Cement Entity 09-Sep-22 Maintain AA- A1+ Stable -
250 MCB DCF Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
251 The Hub Power Company Limited | PPSTS | 4.5bln | Apr-22
Press Release | Report | History
Power Debt Instrument 09-Sep-22 Initial AA+ A1+ Stable -
252 Pakistan Cash Management Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA+(f) Stable -
253 NIT Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AAA(f) Stable -
254 Alhamra Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
255 MCB Pakistan Sovereign Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
256 Premier Industrial Chemical MFG. Co. (Pvt.) Limited
Press Release | Report | History
Sugar Entity 09-Sep-22 Initial A- A2 Stable -
257 NIT Government Bond Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA(f) Stable -
258 Lakson Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA+(f) Stable -
259 Pakistan Income Enhancement Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain A+(f) Stable -
260 Lakson Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain A+(f) Stable -
261 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Power Entity 09-Sep-22 Maintain A A1 Stable -
262 NIT Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
263 Din Textile Mills Limited
Press Release | Report | History
Spinning Entity 08-Sep-22 Maintain A- A2 Stable -
264 Fazal Cloth Mills Limited
Press Release | Report | History
Composite Entity 07-Sep-22 Upgrade A A1 Stable -
265 AKD Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 07-Sep-22 Maintain AA+(f) Stable -
266 AKD Aggressive Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 07-Sep-22 Maintain A+(f) Stable -
267 Lucky Electric Power Company Limited | PPSTS-2 | PKR 7bln | Jun-22
Press Release | Report | History
Power Debt Instrument 06-Sep-22 Initial AA A1+ Stable -
268 Lakson Islamic Money Market Fund
Press Release | Report | History
Asset Managers Stability Rating 06-Sep-22 Initial AA(f) Stable -
269 Lucky Electric Power Company Limited | PPSTS-3 | PKR 5bln | Jul-22
Press Release | Report | History
Power Debt Instrument 06-Sep-22 Initial AA A1+ Stable -
270 Lucky Electric Power Company Limited | PPCP | PKR 6bln | May-22
Press Release | Report | History
Power Debt Instrument 06-Sep-22 Initial AA A1+ Stable -
271 Bulleh Shah Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 05-Sep-22 Initial AA- A1 Stable -
272 Pakistan Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Maintain AA-(f) Stable -
273 AKD Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Upgrade AA-(f) Stable -
274 Martin Dow Limited
Press Release | Report | History
Pharmaceutical Entity 02-Sep-22 Initial A+ A1 Stable -
275 AL Habib Islamic Income Fund (Formerly First Habib Islamic Income Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Maintain AA(f) Stable -
276 The Bank of Punjab | Additional Tier 1 Capital TFC | Jun-22
Press Release | Report | History
Commercial Bank Debt Instrument 02-Sep-22 Initial AA- Stable -
277 Nayatel (Pvt.) Limited
Press Release | Report | History
Communication Entity 02-Sep-22 Maintain A A1 Stable -
278 AL Habib Income Fund (Formerly First Habib Income Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Maintain AA(f) Stable -
279 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Maintain AA+(f) Stable -
280 Trans World Associates (Pvt.) Limited
Press Release | Report | History
Communication Entity 02-Sep-22 Initial A A1 Stable -
281 K-Electric | PPSTS-7 | PKR 5bln | Aug-22
Press Release | Report | History
Power Debt Instrument 31-Aug-22 Initial AA A1+ Stable -
282 K-Electric | PPSTS-6 | PKR 5bln | Apr-22
Press Release | Report | History
Power Debt Instrument 31-Aug-22 Initial AA A1+ Stable -
283 Golden Packages (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 29-Aug-22 Initial BBB A2 Stable -
284 Engro PowerGen Thar (Private) Limited | PP Sukuk
Press Release | Report | History
Power Debt Instrument 27-Aug-22 Upgrade AA- - Stable -
285 Lakson Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 26-Aug-22 Maintain AM2+ Stable -
286 IGI Finex Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 26-Aug-22 Maintain BFR 2+ Stable -
287 Premier Insurance Limited
Press Release | Report | History
General Insurance IFS 26-Aug-22 Maintain A+ (ifs) Negative -
288 Ismail Iqbal Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 26-Aug-22 Maintain BMR3 Stable -
289 Etimaad Engineering (Pvt.) Limited
Press Release | Report | History
Construction Entity 26-Aug-22 Upgrade A- A2 Stable -
290 Be Energy Limited
Press Release | Report | History
Oil Marketing Companies Entity 26-Aug-22 Maintain A+ A1 Stable -
291 The Hub Power Company Limited | PP Sukuk
Press Release | Report | History
Power Debt Instrument 26-Aug-22 Maintain AA+ - Stable -
292 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 26-Aug-22 Maintain A- A2 Stable -
293 Atlas Insurance Limited
Press Release | Report | History
General Insurance IFS 26-Aug-22 Maintain AA+ (ifs) Stable -
294 Asia Insurance Company Limited
Press Release | Report | History
General Insurance IFS 26-Aug-22 Maintain A++ (ifs) Stable -
295 Puma Energy Pakistan (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 26-Aug-22 Initial A- A2 Stable -
296 IGI Finex Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 26-Aug-22 Maintain BMR2+ Stable -
297 Cnergyico Pk Limited ( Formerly: Byco Petroleum Pakistan Limited )
Press Release | Report | History
Refineries Entity 25-Aug-22 Maintain A- A2 Stable Yes
298 Shaheen Insurance Company Limited
Press Release | Report | History
General Insurance IFS 25-Aug-22 Maintain A+ (ifs) Positive -
299 Maaksons Engineering Corporation Limited
Press Release | Report | History
Construction Entity 24-Aug-22 Maintain BBB+ A2 Stable -
300 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Spinning Entity 23-Aug-22 Upgrade BBB- A2 Stable -
301 Tufail Chemical Industries Limited
Press Release | Report | History
Chemical Entity 23-Aug-22 Maintain A- A2 Stable -
302 China Power Hub Generation Company (Pvt.) Limited | PPSTS | PKR 8bln | Jul-22
Press Release | Report | History
Power Debt Instrument 22-Aug-22 Initial AA+ A1+ Stable -
303 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Coal Mining and Trading Entity 19-Aug-22 Maintain BBB+ A2 Positive -
304 Packages Convertors Limited
Press Release | Report | History
Paper and Packaging Entity 18-Aug-22 Initial AA- A1 Stable -
305 U Microfinance Bank Limited | TFC
Press Release | Report | History
Microfinance Debt Instrument 18-Aug-22 Maintain AA- - Stable -
306 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 17-Aug-22 Maintain A+(f) Stable -
307 Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 17-Aug-22 Maintain A+(f) Stable -
308 Askari High Yield Scheme
Press Release | Report | History
Mutual Funds | Stability Stability Rating 17-Aug-22 Maintain A(f) Stable -
309 ThalNova Power Thar (Pvt.) Limited
Press Release | Report | History
Power Entity 17-Aug-22 Maintain A- A2 Stable Yes
310 National Transmission & Despatch Company Limited
Press Release | Report | History
Distribution | Electricity Entity 13-Aug-22 Maintain AA+ A1+ Stable -
311 AL Habib Asset Management Limited (Formerly: Habib Asset Management Limited)
Press Release | Report | History
Asset Managers Asset Manager 12-Aug-22 Upgrade AM2+ Stable -
312 Ghani Chemical Industries Limited | Sukuk | Feb-17
Press Release | Report | History
Industrial Gases Debt Instrument 11-Aug-22 Maintain A Stable -
313 NBP Islamic Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 3-Star 3-Star -
314 NBP Islamic Active Allocation Equity Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 5-Star 4-Star -
315 First Capital Mutual Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Improved 3-Star 2-Star -
316 NBP Balanced Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 4-Star 4-Star -
317 Golden Arrow Stock Fund (Formerly: Golden Arrow Selected Stocks Fund)
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 5-Star 3-Star -
318 EcoPack Limited
Press Release | Report | History
Paper and Packaging Entity 10-Aug-22 Initial BBB A2 Stable -
319 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 3-Star 3-Star -
320 AKD Opportunity Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 5-Star 2-Star -
321 Faysal Asset Allocation Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Declined 5-Star 2-Star -
322 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Improved 5-Star 5-Star -
323 Faysal Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Declined 5-Star 2-Star -
324 Ghandhara Tyre & Rubber Company Limited (formerly known as The General Tyre and Rubber Company of Pakistan Limited)
Press Release | Report | History
Tyres Entity 10-Aug-22 Maintain A+ A1 Stable -
325 AKD Islamic Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Improved 5-Star 3-Star -
326 Mekotex (Pvt.) Limited
Press Release | Report | History
Composite Entity 05-Aug-22 Maintain A- A2 Stable -
327 AWT Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 05-Aug-22 Maintain AM3++ Positive -
328 Eastern Garments (Pvt.) Limited
Press Release | Report | History
Composite Entity 05-Aug-22 Maintain BBB+ A2 Positive -
329 Pak Suzuki Motor Company Limited
Press Release | Report | History
Passenger Cars Entity 05-Aug-22 Maintain AA- A1 Stable -
330 Jahangir Siddiqui & Co. Ltd. | TFC X | Jul-17
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-22 Maintain AA+ - Stable -
331 Jahangir Siddiqui & Co. Ltd. | TFC XI | Mar-18
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-22 Maintain AA+ - Stable -
332 NBP Sarmaya Izafa Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 04-Aug-22 Same 3-Star 3-Star -
333 NBP Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 04-Aug-22 Same 3-Star 4-Star -
334 Multinet Pakistan (Pvt.) Limited
Press Release | Report | History
Technology Entity 02-Aug-22 Initial A- A2 Stable -
335 Fauji Fertilizer Company Limited
Press Release | Report | History
Fertilizer Entity 30-Jul-22 Maintain AA+ A1+ Stable -
336 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Company Entity 29-Jul-22 Maintain AA A1+ Stable -
337 Engro Fertilizers Limited
Press Release | Report | History
Fertilizer Entity 29-Jul-22 Maintain AA A1+ Stable -
338 Honda Centre (Pvt.) Limited
Press Release | Report | History
Passenger Cars Entity 29-Jul-22 Maintain BBB A2 Stable -
339 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Composite Entity 29-Jul-22 Maintain A A2 Stable -
340 The Universal Insurance Company Limited
Press Release | Report | History
General Insurance IFS 28-Jul-22 Maintain A (ifs) Stable -
341 Pakistan Oxygen Limited
Press Release | Report | History
Industrial Gases Entity 26-Jul-22 Maintain A A1 Stable -
342 Huaneng Shandong Ruyi (Pakistan) Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 22-Jul-22 Initial AA+ A1+ Stable -
343 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Towel Entity 20-Jul-22 Maintain BBB A2 Positive -
344 Sindh Engro Coal Mining Company
Press Release | Report | History
Coal Mining and Trading Entity 19-Jul-22 Maintain AA A1+ Stable -
345 AL Habib Capital Markets (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 19-Jul-22 Maintain BMR2+ Stable -
346 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 19-Jul-22 Maintain BFR 2+ Stable -
347 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Life Insurance IFS 19-Jul-22 Maintain AAA (ifs) Stable -
348 Engro Polymer & Chemicals Limited
Press Release | Report | History
Chemical Entity 16-Jul-22 Upgrade AA A1+ Stable -
349 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Chemical Entity 16-Jul-22 Maintain A+ A1 Stable -
350 Nimir Resins Limited
Press Release | Report | History
Chemical Entity 16-Jul-22 Maintain A- A2 Stable -
351 BankIslami Pakistan Limited | Modaraba Sukuk | Additional Tier 1 | TBI
Press Release | Report | History
Commercial Bank Debt Instrument 15-Jul-22 Preliminary A- Positive -
352 Diamond Fabrics Limited
Press Release | Report | History
Composite Entity 15-Jul-22 Initial A- A2 Stable -
353 Jamal Pipe Industries (Pvt.) Limited
Press Release | Report | History
Steel Entity 15-Jul-22 Maintain BBB A2 Stable -
354 TPL Corp Limited | PPTFC | Jun-22
Press Release | Report | History
Holding Company Debt Instrument 14-Jul-22 Initial AA- Stable -
355 TPL Corp Limited | PP Sukuk | Jun-22
Press Release | Report | History
Holding Company Debt Instrument 14-Jul-22 Initial AA- Stable -
356 Steelex (Pvt.) Limited
Press Release | Report | History
Steel Entity 14-Jul-22 Initial BBB- A2 Stable -
357 Liberty Mills Limited
Press Release | Report | History
Composite Entity 09-Jul-22 Maintain A+ A1 Stable -
358 Askari Life Assurance Company Limited
Press Release | Report | History
Life Insurance IFS 07-Jul-22 Maintain A (ifs) Stable -
359 Pak Elektron Limited
Press Release | Report | History
Household Appliances Entity 06-Jul-22 Maintain A+ A1 Stable -
360 Amreli Steels Limited
Press Release | Report | History
Steel Entity 05-Jul-22 Maintain A- A2 Stable -
361 Engro Elengy Terminal (Private) Limited
Press Release | Report | History
Distribution | Gas Entity 04-Jul-22 Maintain AA- A1 Stable -
362 Yunus Textile Mills Limited
Press Release | Report | History
Composite Entity 30-Jun-22 Initial AA- A1+ Stable -
363 AKD Investment Management Limited
Press Release | Report | History
Asset Managers Asset Manager 30-Jun-22 Maintain AM3++ Positive -
364 Kohat Textile Mills Limited
Press Release | Report | History
Spinning Entity 30-Jun-22 Maintain A- A2 Stable -
365 Tata Textile Mills Limited
Press Release | Report | History
Spinning Entity 30-Jun-22 Upgrade A A1 Stable -
366 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Life Insurance IFS 30-Jun-22 Maintain A++ (ifs) Stable -
367 Saif Textile Mills Limited
Press Release | Report | History
Spinning Entity 30-Jun-22 Maintain A- A2 Stable -
368 Trans World Enterprise Services (Pvt.) Limited
Press Release | Report | History
Communication Entity 30-Jun-22 Initial BBB A2 Stable -
369 Cordoba Logistics & Ventures Limited
Press Release | Report | History
Trucks & Buses Entity 30-Jun-22 Initial BBB- A2 Stable -
370 GuarantCo Limited
Press Release | Report | History
Credit Guarantee Institutions Entity 30-Jun-22 Maintain AAA A1+ Stable -
371 JS Investments Limited | RMR
Press Release | Report | History
Real Estate REIT Manager Rating 30-Jun-22 Initial RM 3 Stable -
372 Bank AL Habib Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Maintain AAA Stable -
373 IGI Life Insurance Company
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A++ (ifs) Stable -
374 Suzuki Islamabad Motors
Press Release | Report | History
Passenger Cars Entity 29-Jun-22 Initial BBB- A3 Stable -
375 TPL Life Insurance Company Limited
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A (ifs) Stable -
376 Bank Alfalah Limited | Additional Tier 1 TFC | 7bln
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Initial AA- Stable -
377 Adamjee Life Assurance Company Limited
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A++ (ifs) Stable -
378 Pakistan Kuwait Investment Company (Pvt.) Limited
Press Release | Report | History
DFIs Entity 29-Jun-22 Maintain AAA A1+ Stable -
379 K-Electric Limited
Press Release | Report | History
Distribution | Electricity Entity 29-Jun-22 Maintain AA A1+ Stable -
380 Dawood Family Takaful Limited
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A+ (ifs) Stable -
381 Bank AL Habib Limited | Tier II TFC VIII | Sep-21
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Maintain AAA Stable -
382 Bank AL Habib Limited | Tier-I | TFC IX | Apr-22
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Initial AA+ Stable -
383 Bank AL Habib Limited | Tier-I | TFC VI | Dec-17
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Maintain AA+ Stable -
384 First Women Bank Limited
Press Release | Report | History
Commercial Bank Entity 28-Jun-22 Maintain A- A2 Developing Yes
385 Faysal Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA A1+ Stable -
386 Mahmood Textile Mills Limited
Press Release | Report | History
Composite Entity 25-Jun-22 Maintain A- A2 Stable -
387 Pakistan Microfinance Investment Company Limited
Press Release | Report | History
DFIs Entity 25-Jun-22 Maintain AA A1+ Stable Yes
388 Standard Chartered Bank (Pakistan) Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AAA A1+ Stable -
389 Engro Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-22 Maintain AA+ A1+ Stable -
390 Roomi Fabrics Limited
Press Release | Report | History
Composite Entity 25-Jun-22 Maintain A- A2 Stable -
391 Soneri Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA- A1+ Stable -
392 Askari Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA+ A1+ Stable -
393 BankIslami Pakistan Limited | Modaraba Sukuk
Press Release | Report | History
Commercial Bank Debt Instrument 25-Jun-22 Maintain A- Positive -
394 Pak-Libya Holding Company (Pvt.) Limited
Press Release | Report | History
DFIs Entity 25-Jun-22 Maintain AA- A1+ Positive -
395 Dawood Hercules Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-22 Maintain AA A1+ Stable -
396 National Bank of Pakistan
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AAA A1+ Stable -
397 Habib Metropolitan Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA+ A1+ Stable -
398 Bank AL Habib Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AAA A1+ Stable -
399 Bank Alfalah Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA+ A1+ Stable -
400 PAIR Investment Company Limited
Press Release | Report | History
DFIs Entity 25-Jun-22 Maintain AA A1+ Stable -
401 Soneri Bank Limited | Tier 1 TFC
Press Release | Report | History
Commercial Bank Debt Instrument 25-Jun-22 Maintain A Stable -
402 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 24-Jun-22 Maintain BFR 2 Stable -
403 BankIslami Pakistan Limited
Press Release | Report | History
Commercial Bank Entity 24-Jun-22 Maintain A+ A1 Positive -
404 Siddiqsons Limited
Press Release | Report | History
Composite Entity 24-Jun-22 Maintain A- A1 Stable -
405 Nishat Hotels and Properties Ltd
Press Release | Report | History
Hotel & Retail Industry Entity 24-Jun-22 Maintain A- A2 Stable -
406 Abbasi and Company (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 24-Jun-22 Maintain BMR2 Stable -
407 JS Bank Limited | PPTFC | Dec-21
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain A+ Stable -
408 E-Vision Manufacturing Limited
Press Release | Report | History
Polyester Entity 24-Jun-22 Maintain BBB A2 Positive -
409 Meezan Plastic Industries (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 24-Jun-22 Initial BB A3 Stable -
410 Pioneer Cement Limited
Press Release | Report | History
Cement Entity 24-Jun-22 Maintain A A2 Negative -
411 Cedar Capital (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 24-Jun-22 Maintain BFR 3 Stable -
412 JS Bank Limited | TFC II
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain A+ Stable -
413 The Bank of Punjab | TFC I | Dec-16
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA Stable -
414 BMA Asset Management Company Limited | Investment Advisor Rating
Press Release | Report | History
Asset Managers Investment Advisor Rating 24-Jun-22 Initial AM3++ (ia) Stable -
415 Askari Bank Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA Stable -
416 Askari Bank Limited | TFC VI ( Additional Tier I ) | Jul-18
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA- Stable -
417 JS Bank Limited | TFC Tier 1
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain A Stable -
418 The Bank of Punjab | TFC II | April-18
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA Stable -
419 Al Meezan Investment Management Limited
Press Release | Report | History
Asset Managers Asset Manager 23-Jun-22 Maintain AM1 Stable -
420 ACT Wind (Pvt.) Limited
Press Release | Report | History
Power Entity 23-Jun-22 Upgrade A+ A1 Stable -
421 MCB Islamic Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain A A1 Stable -
422 MCB Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain AAA A1+ Stable -
423 Allied Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain AAA A1+ Stable -
424 JS Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain AA- A1+ Stable -
425 Master Green Energy Limited
Press Release | Report | History
Power Entity 22-Jun-22 Maintain A A1 Developing Yes
426 Meskay & Femtee Trading Company (Pvt.) Limited
Press Release | Report | History
Rice Entity 22-Jun-22 Initial A- A2 Stable -
427 NBP Fund Management Limited
Press Release | Report | History
Asset Managers Asset Manager 22-Jun-22 Maintain AM1 Stable -
428 Narowal Energy Limited
Press Release | Report | History
Power Entity 22-Jun-22 Maintain AA- A1+ Stable -
429 The Hub Power Company Limited
Press Release | Report | History
Power Entity 21-Jun-22 Maintain AA+ A1+ Stable -
430 The Bank of Punjab | Tier 2 | TFC-III | TBI
Press Release | Report | History
Commercial Bank Debt Instrument 21-Jun-22 Preliminary AA Stable -
431 Olympia Chemicals Limited
Press Release | Report | History
Chemical Entity 20-Jun-22 Maintain A- A1 Stable -
432 The Bank of Punjab
Press Release | Report | History
Commercial Bank Entity 18-Jun-22 Maintain AA+ A1+ Stable -
433 EFU General Insurance Limited
Press Release | Report | History
General Insurance IFS 17-Jun-22 Maintain AA++ (ifs) Stable -
434 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 17-Jun-22 Maintain BBB+ A2 Stable -
435 Alfalah Insurance Company Limited
Press Release | Report | History
General Insurance IFS 17-Jun-22 Maintain AA+ (ifs) Stable -
436 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 17-Jun-22 Maintain BBB+ A2 Stable -
437 Packages Limited
Press Release | Report | History
Holding Company Entity 16-Jun-22 Maintain AA A1+ Stable -
438 Ghani Chemical Industries Limited
Press Release | Report | History
Industrial Gases Entity 14-Jun-22 Maintain A A1 Stable -
439 AHM Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 14-Jun-22 Initial BFR 3 Stable -
440 AHM Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 14-Jun-22 Initial BMR3+ Stable -
441 Ismail Iqbal Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 13-Jun-22 Initial BFR 3 Stable -
442 Habib Metropolitan Financial Services Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 13-Jun-22 Initial BFR 3+ Stable -
443 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Pipeline Networks Entity 10-Jun-22 Maintain AAA A1+ Stable -
444 Orient Power Company (Pvt.) Limited
Press Release | Report | History
Power Entity 10-Jun-22 Initial AA- A1 Stable -
445 Avanceon Limited
Press Release | Report | History
Technology Entity 10-Jun-22 Maintain A- A2 Stable -
446 LOTTE Kolson (Pvt.) Limited
Press Release | Report | History
Food Products Entity 09-Jun-22 Maintain A- A2 Stable -
447 Pakistan Refinery Limited
Press Release | Report | History
Refineries Entity 09-Jun-22 Maintain A- A2 Stable Yes
448 TPL Trakker Limited | Sukuk
Press Release | Report | History
Tracking Services Debt Instrument 07-Jun-22 Maintain A+ - Stable -
449 Alfalah CLSA Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 06-Jun-22 Initial BFR 2+ Stable -
450 Hub Power Holdings Limited | Sukuk
Press Release | Report | History
Holding Company Debt Instrument 03-Jun-22 Maintain AA+ - Stable -
451 Martin Dow Marker Limited
Press Release | Report | History
Pharmaceutical Entity 03-Jun-22 Maintain A+ A1 Stable -
452 Reem Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 03-Jun-22 Initial A- A2 Stable -
453 Gas & Oil Pakistan Limited
Press Release | Report | History
Oil Marketing Companies Entity 03-Jun-22 Maintain A+ A1 Stable -
454 Panther Tyres Limited
Press Release | Report | History
Tyres Entity 01-Jun-22 Maintain A A1 Stable -
455 Aba Ali Habib Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 31-May-22 Initial A- A2 Stable -
456 Lucky Tex Pakistan (Pvt.) Limited
Press Release | Report | History
Composite Entity 27-May-22 Initial BBB A2 Stable -
457 Attock Refinery Limited
Press Release | Report | History
Refineries Entity 27-May-22 Maintain AA A1+ Negative Yes
458 National Refinery Limited
Press Release | Report | History
Refineries Entity 27-May-22 Maintain AA+ A1+ Negative -
459 Berger Paints Pakistan Limited | PP Sukuk | Sep -21
Press Release | Report | History
Chemical Debt Instrument 27-May-22 Initial A Stable -
460 National Investment Trust Limited
Press Release | Report | History
Asset Managers Asset Manager 24-May-22 Maintain AM1 Stable -
461 Entertainment Pakistan Limited
Press Release | Report | History
Real Estate Entity 23-May-22 Initial BB A3 Stable -
462 Ziauddin University
Press Release | Report | History
Education Entity 23-May-22 Initial BBB A2 Stable -
463 WAPDA Dasu Sukuk-C
Press Release | Report | History
Power Debt Instrument 20-May-22 Preliminary AAA - Stable -
464 Samba Bank Limited | PPTFC
Press Release | Report | History
Commercial Bank Debt Instrument 20-May-22 Maintain AA- Stable -
465 WAPDA Dasu TFC-C
Press Release | Report | History
Power Debt Instrument 20-May-22 Preliminary AAA - Stable -
466 Pakistan Mobile Communications Limited
Press Release | Report | History
Communication Entity 20-May-22 Maintain AA A1 Stable -
467 Hub Power Holdings Limited
Press Release | Report | History
Holding Company Entity 20-May-22 Maintain AA A1+ Stable -
468 TPL Corp Limited
Press Release | Report | History
Holding Company Entity 18-May-22 Maintain A A1 Stable -
469 Descon Oxychem Limited
Press Release | Report | History
Chemical Entity 17-May-22 Upgrade A+ A1 Stable -
470 Mobilink Microfinance Bank Limited | PPTFC | TBI
Press Release | Report | History
Microfinance Debt Instrument 16-May-22 Preliminary A- Stable -
471 Crown Textile
Press Release | Report | History
Composite Entity 16-May-22 Initial BBB- A2 Stable -
472 TRAFCO Insurance Company Limited
Press Release | Report | History
General Insurance IFS 13-May-22 Initial BBB+ (ifs) Stable -
473 H. Nizam Din & Sons (Pvt.) Limited
Press Release | Report | History
Relief Entity 13-May-22 Initial BBB+ A2 Stable -
474 KTRADE Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 12-May-22 Upgrade BFR 3++ Stable -
475 Sitara Petroleum Service (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 11-May-22 Maintain A- A2 Stable -
476 TPL Insurance Limited
Press Release | Report | History
General Insurance IFS 07-May-22 Maintain AA (ifs) Stable -
477 Infra Zamin Pakistan Limited
Press Release | Report | History
Credit Guarantee Institutions Entity 02-May-22 Maintain AAA A1+ Stable -
478 Nishat Mills Limited
Press Release | Report | History
Composite Entity 02-May-22 Maintain AA A1+ Stable -
479 AL Textile (Pvt.) Limited
Press Release | Report | History
Spinning Entity 02-May-22 Maintain BBB A2 Stable -
480 Sefam (Pvt.) Limited
Press Release | Report | History
Composite Entity 02-May-22 Maintain A- A2 Positive -
481 Mobilink Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 30-Apr-22 Maintain A A1 Positive -
482 Telenor Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 30-Apr-22 Downgrade A A1 Stable Yes
483 Apna Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 30-Apr-22 Maintain BBB+ A3 Negative Yes
484 TPL Properties Limited
Press Release | Report | History
Real Estate Entity 29-Apr-22 Maintain A+ A1 Stable -
485 Alfalah CLSA Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 29-Apr-22 Maintain A- A1 Stable -
486 Alfalah CLSA Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 29-Apr-22 Maintain BMR2+ Stable -
487 Pakistan Synthetics Limited
Press Release | Report | History
Paper and Packaging Entity 29-Apr-22 Upgrade A- A2 Stable -
488 Sadiq Poultry (Pvt.) Limited
Press Release | Report | History
Poultry Entity 29-Apr-22 Maintain BBB+ A2 Stable -
489 Rustam Towel (Pvt.) Limited
Press Release | Report | History
Towel Entity 29-Apr-22 Maintain BBB A2 Stable -
490 AGAHE Pakistan
Press Release | Report | History
Microfinance Entity 29-Apr-22 Upgrade BBB- A3 Stable -
491 Flying Cement Company Limited
Press Release | Report | History
Cement Entity 29-Apr-22 Maintain A- A2 Stable Yes
492 Mughal Iron & Steel Industries Limited | PP Sukuk
Press Release | Report | History
Steel Debt Instrument 28-Apr-22 Maintain A+ - Stable -
493 Hawa Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 27-Apr-22 Initial A A1 Stable -
494 Jhimpir Power (Pvt.) Limited
Press Release | Report | History
Power Entity 27-Apr-22 Initial A A1 Stable -
495 Diamond Tyres Limited
Press Release | Report | History
Tyres Entity 22-Apr-22 Maintain A- A2 Stable -
496 Asif Rice Mills
Press Release | Report | History
Rice Entity 22-Apr-22 Initial BBB+ A2 Stable -
497 New Horizon Computer
Press Release | Report | History
Technology Entity 22-Apr-22 Initial BB+ A3 Stable -
498 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Construction Entity 20-Apr-22 Maintain BBB A2 Stable -
499 The United Insurance Company of Pakistan Limited
Press Release | Report | History
General Insurance IFS 19-Apr-22 Maintain AA+ (ifs) Stable -
500 National Foods Limited
Press Release | Report | History
Food Products Entity 19-Apr-22 Maintain AA- A1 Stable -
501 SPI Insurance Company Limited
Press Release | Report | History
General Insurance IFS 19-Apr-22 Maintain A+ (ifs) Stable Yes
502 Pakistan Mortgage Refinance Company Limited | PP Sukuk
Press Release | Report | History
DFIs Debt Instrument 15-Apr-22 Maintain AAA - Stable -
503 The Hub Power Company Limited | Sukuk
Press Release | Report | History
Power Debt Instrument 15-Apr-22 Maintain AA+ - Stable -
504 FINCA Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 15-Apr-22 Maintain A A1 Negative Yes
505 Reliance Cotton Spinning Mills Limited
Press Release | Report | History
Spinning Entity 14-Apr-22 Initial A- A2 Stable -
506 Oasis Park Residencia
Press Release | Report | History
Real Estate Project Grading 13-Apr-22 Upgrade PG3+ Stable -
507 Shahzad Textile Mills Limited
Press Release | Report | History
Spinning Entity 13-Apr-22 Upgrade A- A2 Stable -
508 Lucky Electric Power Company Limited
Press Release | Report | History
Power Entity 11-Apr-22 Upgrade AA A1+ Stable -
509 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Sugar Entity 11-Apr-22 Maintain A+ A1 Stable -
510 SGM Sugar Mills Limited
Press Release | Report | History
Sugar Entity 08-Apr-22 Maintain BBB A2 Stable -
511 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 08-Apr-22 Maintain A- A2 Stable -
512 Mehran Sugar Mills Limited
Press Release | Report | History
Sugar Entity 06-Apr-22 Maintain A- A2 Stable -
513 SME Leasing Limited
Press Release | Report | History
Modaraba & NBFCs Entity 06-Apr-22 Maintain B- A4 Negative Yes
514 Popular Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-22 Maintain BBB+ A2 Stable -
515 Jauharabad Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-22 Maintain BBB+ A2 Stable -
516 First Capital Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 05-Apr-22 Maintain AM4++ Stable -
517 Noon Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-22 Maintain BBB+ A2 Stable -
518 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-22 Maintain A- A2 Stable -
519 Quaid-e-Azam Solar Power (Pvt.) Limited
Press Release | Report | History
Power Entity 04-Apr-22 Initial AA A1+ Stable -
520 Gharibwal Cement Limited
Press Release | Report | History
Cement Entity 01-Apr-22 Maintain A A2 Stable -
521 Crescent Star Insurance Limited
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize A (ifs) Stable Yes
522 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Pesticides Entity 31-Mar-22 Maintain BBB- A3 Stable -
523 Askari General Insurance Company Limited
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize AA+ (ifs) Stable -
524 Jinn Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 31-Mar-22 Initial BBB A2 Stable -
525 Zafar Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 31-Mar-22 Initial BFR 3+ Stable -
526 Pak Qatar General Takaful Limited
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize A+ (ifs) Stable -
527 IGI General Insurance Limited
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize AA+ (ifs) Stable -
528 Sindh Insurance Limited
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize A++ (ifs) Stable -
529 Salaam Takaful Limited (Formerly: Takaful Pakistan Limited)
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize A++ (ifs) Stable -
530 Sargodha Jute Mills Limited
Press Release | Report | History
Jute Entity 31-Mar-22 Maintain A- A2 Stable -
531 Adamjee Insurance Company Limited
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize AA++ (ifs) Stable -
532 Warble (Pvt.) Limited
Press Release | Report | History
Pesticides Entity 31-Mar-22 Maintain BBB- A3 Stable -
533 Ultra Pack (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 30-Mar-22 Initial BBB A2 Stable -
534 Khawaja Tanneries (Pvt.) Limited
Press Release | Report | History
Entity 30-Mar-22 Initial BBB A2 Stable -
535 Masood Fabrics Limited
Press Release | Report | History
Composite Entity 30-Mar-22 Maintain A- A2 Stable -
536 Sindh Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 29-Mar-22 Maintain A- A2 Stable -
537 JWS Pakistan
Press Release | Report | History
Microfinance Entity 28-Mar-22 Upgrade BBB A3 Stable -
538 SAFCO Support Foundation
Press Release | Report | History
Microfinance Entity 28-Mar-22 Maintain BBB A3 Stable -
539 Escorts Investment Bank Limited
Press Release | Report | History
Modaraba & NBFCs Entity 25-Mar-22 Maintain A- A2 Developing Yes
540 Fecto Cement Limited
Press Release | Report | History
Cement Entity 25-Mar-22 Maintain A- A2 Stable Yes
541 Kohinoor Energy Limited
Press Release | Report | History
Power Entity 25-Mar-22 Maintain AA A1+ Stable -
542 Modaraba Al-Mali
Press Release | Report | History
Modaraba & NBFCs Entity 25-Mar-22 Maintain BBB+ A2 Developing Yes
543 Pakistan Services Limited
Press Release | Report | History
Hotel & Retail Industry Entity 24-Mar-22 Maintain A A1 Developing Yes
544 Pakistan Services Limited | Sukuk | Mar-18
Press Release | Report | History
Hotel & Retail Industry Debt Instrument 24-Mar-22 Maintain A - Developing Yes
545 Saif Power Limited
Press Release | Report | History
Power Entity 22-Mar-22 Upgrade AA- A1 Stable -
546 Halmore Power Generation Company Limited
Press Release | Report | History
Power Entity 22-Mar-22 Upgrade AA- A1 Stable -
547 Maksons Textile (Pvt.) Limited
Press Release | Report | History
Weaving Entity 18-Mar-22 Maintain BBB- A2 Stable -
548 Descon Engineering Limited
Press Release | Report | History
Construction Entity 18-Mar-22 Maintain AA- A1 Stable -
549 Unicol Limited
Press Release | Report | History
Sugar Entity 18-Mar-22 Maintain A A1 Stable -
550 Mehmooda Maqbool Mills Limited
Press Release | Report | History
Edible Oil Entity 18-Mar-22 Initial BBB A2 Stable -
551 Qadir Agro Industries (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 18-Mar-22 Initial BB+ A3 Stable -
552 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Sugar Entity 16-Mar-22 Upgrade BBB+ A2 Stable -
553 Pak Elektron Limited I PPCP I 1.2bln
Press Release | Report | History
Household Appliances Debt Instrument 16-Mar-22 Initial A+ A1 Stable -
554 Reliance Petrochem Industries (Pvt.) Limited
Press Release | Report | History
Chemical Entity 16-Mar-22 Maintain BBB+ A2 Stable -
555 Aba Ali Habib Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 15-Mar-22 Initial BMR2 Stable -
556 Fauji Cement Company Limited
Press Release | Report | History
Cement Entity 15-Mar-22 Initial A+ A1 Stable -
557 Pak Oman Asset Management
Press Release | Report | History
Asset Managers Asset Manager 11-Mar-22 Maintain AM3++ Positive -
558 OLP Financial Services Pakistan Limited | PPTFC (Formerly ORIX Leasing Pakistan Limited | PPTFC)
Press Release | Report | History
Leasing / Housing Debt Instrument 08-Mar-22 Initial AA+ - Stable -
559 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Composite Entity 07-Mar-22 Upgrade A+ A1 Stable -
560 US Apparel & Textiles (Pvt.) Limited
Press Release | Report | History
Composite Entity 04-Mar-22 Initial A+ A1 Stable -
561 Liberty Wind Power 1 Limited
Press Release | Report | History
Power Entity 04-Mar-22 Maintain A- A2 Stable -
562 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Media Entity 04-Mar-22 Maintain BBB+ A2 Stable -
563 D.G. Khan Cement Company Limited
Press Release | Report | History
Cement Entity 04-Mar-22 Maintain AA- A1+ Stable -
564 Gas & Oil Pakistan Limited | PP Sukuk
Press Release | Report | History
Oil Marketing Companies Debt Instrument 04-Mar-22 Initial AA- - Stable -
565 Liberty Wind Power 2 Limited
Press Release | Report | History
Power Entity 04-Mar-22 Maintain A- A2 Stable -
566 OLP Financial Services Pakistan Limited (Formerly ORIX Leasing Pakistan Limited)
Press Release | Report | History
Leasing / Housing Entity 03-Mar-22 Maintain AA+ A1+ Stable -
567 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Spinning Entity 03-Mar-22 Upgrade BBB A2 Stable -
568 OLP Modaraba (Formerly ORIX Modaraba)
Press Release | Report | History
Modaraba & NBFCs Entity 03-Mar-22 Maintain AA A1+ Stable -
569 STS Oil Mills (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 03-Mar-22 Initial BB A3 Stable -
570 Alfalah GHP Investment Management Limited
Press Release | Report | History
Asset Managers Asset Manager 03-Mar-22 Maintain AM2+ Stable -
571 Masood Spinning Mills Limited
Press Release | Report | History
Spinning Entity 03-Mar-22 Upgrade A- A2 Stable -
572 Ismail Construction Company (Pvt.) Limited
Press Release | Report | History
Construction Entity 03-Mar-22 Initial BBB- A2 Stable -
573 Allawasaya Spinning Mills (Pvt) Limited
Press Release | Report | History
Spinning Entity 03-Mar-22 Upgrade BBB- A3 Stable -
574 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Spinning Entity 02-Mar-22 Upgrade BBB A2 Stable -
575 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Coal Mining and Trading Entity 26-Feb-22 Maintain A A2 Stable -
576 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 25-Feb-22 Maintain A- A2 Stable -
577 Sapphire Electric Company Limited
Press Release | Report | History
Power Entity 25-Feb-22 Maintain AA- A1+ Stable -
578 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Spinning Entity 23-Feb-22 Upgrade A A2 Stable -
579 Fazal Rehman Fabrics Limited
Press Release | Report | History
Weaving Entity 23-Feb-22 Upgrade A A2 Stable -
580 Alhamd Corporation (Pvt.) Limited
Press Release | Report | History
Spinning Entity 22-Feb-22 Initial A- A2 Stable -
581 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Sugar Entity 21-Feb-22 Maintain BBB A2 Stable -
582 Maqbool Textile Mills Limited
Press Release | Report | History
Spinning Entity 19-Feb-22 Maintain BBB+ A2 Stable -
583 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 19-Feb-22 Maintain BBB A2 Stable -
584 Gul Ahmed Electric Limited
Press Release | Report | History
Power Entity 18-Feb-22 Maintain A- A2 Stable -
585 Nishat Paper Products Company Limited
Press Release | Report | History
Paper and Packaging Entity 17-Feb-22 Maintain A A1 Stable -
586 Bank Alfalah Limited | TFCs | Series A
Press Release | Report | History
Commercial Bank Debt Instrument 16-Feb-22 Maintain AAA - Stable -
587 Punjab Oil Mills Limited
Press Release | Report | History
Edible Oil Entity 11-Feb-22 Maintain BBB+ A2 Stable -
588 Shujabad Agro Industries (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 11-Feb-22 Maintain A- A2 Stable -
589 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Edible Oil Entity 11-Feb-22 Maintain BBB- A3 Positive -
590 EGAS (Pvt.) Limited
Press Release | Report | History
Distribution | Gas Entity 10-Feb-22 Maintain BBB A2 Stable -
591 Ibrahim Fibres Limited
Press Release | Report | History
Polyester Entity 08-Feb-22 Maintain AA A1+ Stable -
592 Denim-E (Pvt.) Limited
Press Release | Report | History
Composite Entity 07-Feb-22 Initial BBB- A2 Stable -
593 Zahir Khan & Brothers
Press Release | Report | History
Construction Entity 02-Feb-22 Maintain A A2 Stable -
594 Sabirs' Vegetable Oils (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 02-Feb-22 Initial BBB- A3 Stable -
595 Techno Time Construction (Pvt.) Limited
Press Release | Report | History
Construction Entity 31-Jan-22 Initial BBB A2 Stable -
596 Jasons Commodities
Press Release | Report | History
Rice Entity 31-Jan-22 Initial BBB- A2 Stable -
597 Sitara Heights (Pvt.) Limited
Press Release | Report | History
Real Estate Entity 31-Jan-22 Initial A- A2 Stable -
598 Latif Textile Mills (Pvt.) Limited
Press Release | Report | History
Composite Entity 28-Jan-22 Initial BBB- A2 Stable -
599 Al Barka Fabrics (Pvt.) Limited
Press Release | Report | History
Composite Entity 28-Jan-22 Initial BBB+ A2 Stable -
600 KAM International
Press Release | Report | History
Composite Entity 27-Jan-22 Initial A- A2 Stable -