Outstanding Ratings

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