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Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 JS Investments Limited | RMR
Press Release | Report | History
Infrastructure REIT Manager Rating 08-Jan-26 Upgrade RM 3+ Stable -
2 Mukab REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 07-Jan-26 Initial RM 4 Stable -
3 JS Rental REIT
Press Release | Report | History
Infrastructure Rental REIT Fund 02-Jan-26 Maintain A+(rr) Positive -
4 Pak Oman Micro Finance Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Jan-26 Maintain A-(f) Stable -
5 A.U.A Securities (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 31-Dec-25 Initial BFR 4 Stable -
6 JS Fixed Term Munafa Fund II
Press Release | Report | History
Capital Markets Stability Rating 30-Dec-25 Initial AAA(f) Stable -
7 Mahaana Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 26-Dec-25 Maintain AA+(f) Stable -
8 Alfalah Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-25 Maintain A+(f) Stable -
9 Alfalah Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-25 Maintain AA(f) Stable -
10 Alfalah Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-25 Maintain AA+(f) Stable -
11 NIT Government Bond Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Dec-25 Maintain AA(f) Stable -
12 NIT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Dec-25 Maintain AA-(f) Stable -
13 NIT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Dec-25 Maintain AA-(f) Stable -
14 NIT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Dec-25 Maintain AAA(f) Stable -
15 JS Global Capital Limited | BFR
Press Release | Report | History
Capital Markets BFR 12-Dec-25 Maintain BFR 1 Stable -
16 JS Global Capital Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 12-Dec-25 Maintain BMR1 Stable -
17 Arif Habib Limited | BFR
Press Release | Report | History
Capital Markets BFR 12-Dec-25 Maintain BFR 1 Stable -
18 Arif Habib Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 12-Dec-25 Maintain BMR1 Stable -
19 Rural Community Development Programmes
Press Release | Report | History
Banks Social Impact and Performance Rating 12-Dec-25 Maintain SIP3++ Positive -
20 JS Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Dec-25 Maintain AA+(f) Stable -
21 Golden Arrow Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Dec-25 Same 3-Star -
22 AKD Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Dec-25 Same 2-Star -
23 AKD Opportunity Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Dec-25 Same 2-Star -
24 Alhamra Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Dec-25 Maintain AA(f) Stable -
25 Pak Oman Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Dec-25 Maintain AA(f) Stable -
26 Alhamra Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 11-Dec-25 Maintain AA(f) Stable -
27 JS Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain AA-(f) Stable -
28 JS Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain AA+(f) Stable -
29 JS Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain AA(f) Stable -
30 JS Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain A+(f) Stable -
31 JS Microfinance Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain A(f) Stable -
32 JS Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain AA(f) Stable -
33 ABL Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-25 Downgrade AA(f) Stable -
34 IMM Project One Development REIT Scheme
Press Release | Report | History
Infrastructure REIT Fund Rating 04-Dec-25 Preliminary RFR 3 Stable -
35 Atlas Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Dec-25 Maintain AA(f) Stable -
36 Pak Qatar Asan Munafa Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Dec-25 Maintain AA(f) Stable -
37 Pak Qatar Cash Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Dec-25 Maintain AA(f) Stable -
38 Pak Qatar Daily Dividend Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Dec-25 Maintain AA(f) Stable -
39 Pak Qatar Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Dec-25 Maintain AA-(f) Stable -
40 Pak Qatar Khalis Bachat Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Dec-25 Maintain A(f) Stable -
41 Pak Qatar Monthly Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Dec-25 Maintain A+(f) Stable -
42 Dawood Equities Limited | BFR
Press Release | Report | History
Capital Markets BFR 28-Nov-25 Maintain BFR 3+ Stable -
43 AL Habib Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Nov-25 Maintain AAA(f) Stable -
44 Faysal Islamic Special Income Fund
Press Release | Report | History
Capital Markets Stability Rating 21-Nov-25 Maintain AA(f) Stable -
45 Faysal Halal Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 21-Nov-25 Maintain AA(f) Stable -
46 Spectrum Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Nov-25 Maintain BFR 3+ Stable -
47 Spectrum Securities Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 21-Nov-25 Maintain BMR3+ Stable -
48 AKD Aggressive Income Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Nov-25 Maintain A+(f) Stable -
49 AKD Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Nov-25 Maintain AA+(f) Stable -
50 AKD Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Nov-25 Maintain AA(f) Stable -
51 AKD Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Nov-25 Maintain AA-(f) Stable -
52 786 Smart Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Nov-25 Maintain AA-(f) Stable -
53 Alfalah GHP Income Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA-(f) Stable -
54 Alfalah GHP Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA+(f) Stable -
55 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA(f) Stable -
56 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA-(f) Stable -
57 Alfalah GHP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA+(f) Stable -
58 Alfalah GHP Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA-(f) Stable -
59 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain A+(f) Stable -
60 786 Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 10-Nov-25 Upgrade AM3+ Stable -
61 BMA Investment Advisors Limited (Formerly BMA Asset Management Company Limited)
Press Release | Report | History
Capital Markets Investment Advisor Rating 10-Nov-25 Upgrade AM2++ (ia) Stable -
62 AWT Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Nov-25 Maintain A+(f) Stable -
63 AWT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Nov-25 Maintain A+(f) Stable -
64 AWT Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Nov-25 Maintain AA+(f) Stable -
65 AWT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Nov-25 Maintain A+(f) Stable -
66 Atlas Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 07-Nov-25 Upgrade AM1 Stable -
67 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Nov-25 Improved 4-Star -
68 IMM REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 06-Nov-25 Maintain RM 3 Stable -
69 JS Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 05-Nov-25 Upgrade AM1 Stable -
70 Lucky Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Nov-25 Maintain AA+(f) Stable -
71 Lucky Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Nov-25 Maintain AA(f) Stable -
72 MCB Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Nov-25 Upgrade AA(f) Stable -
73 Lakson Income Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Oct-25 Maintain A+(f) Stable -
74 Lakson Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Oct-25 Maintain AA(f) Stable -
75 Lakson Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Oct-25 Maintain AA+(f) Stable -
76 Atlas Income Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA-(f) Stable -
77 Atlas Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA-(f) Stable -
78 Atlas Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA(f) Stable -
79 Atlas Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA+(f) Stable -
80 Atlas Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA+(f) Stable -
81 Atlas Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA-(f) Stable -
82 Al Ameen Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA(f) Stable -
83 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Capital Markets Stability Rating 24-Oct-25 Maintain AA+(f) Stable -
84 ABL Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 24-Oct-25 Maintain AM1 Stable -
85 Pakistan Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA(f) Stable -
86 Alhamra Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA(f) Stable -
87 Alhamra Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA-(f) Stable -
88 Pakistan Income Enhancement Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain A+(f) Stable -
89 MCB Pakistan Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA-(f) Stable -
90 MCB DCF Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA-(f) Stable -
91 MCB Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA+(f) Stable -
92 Pakistan Cash Management Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA+(f) Stable -
93 Habib Metropolitan Financial Services Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 23-Oct-25 Maintain BMR2 Stable -
94 AL Habib Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-25 Maintain AA(f) Stable -
95 AL Habib Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-25 Maintain AA+(f) Stable -
96 AL Habib Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-25 Maintain AA(f) Stable -
97 AL Habib Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-25 Maintain AA(f) Stable -
98 Alfalah Asset Allocation Fund (Formerly: Faysal Asset Allocation Fund)
Press Release | Report | History
Capital Markets Performance Ranking 21-Oct-25 Withdraw - -
99 Alfalah Stock Fund - II (Formerly: Faysal Stock Fund)
Press Release | Report | History
Capital Markets Performance Ranking 21-Oct-25 Withdraw - -
100 Alfalah Special Savings Plan-I (Formerly: Faysal Special Savings Plan - I)
Press Release | Report | History
Capital Markets Capital Preservation Rating 21-Oct-25 Withdraw -
101 NBP Riba Free Saving Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
102 NBP Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA-(f) Stable -
103 NBP Government Securities Plan - IV
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA(f) Stable -
104 NBP Income Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
105 NBP Islamic Government Securities Plan – III
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA(f) Stable -
106 NBP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
107 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
108 NBP Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA(f) Stable -
109 NBP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA(f) Stable -
110 NBP Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
111 NBP Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
112 NBP Government Securities Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AAA(f) Stable -
113 NBP Government Securities Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA-(f) Stable -
114 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA+(f) Stable -
115 NBP Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA-(f) Stable -
116 ABL Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Oct-25 Maintain A+(f) Stable -
117 ABL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain AA+(f) Stable -
118 ABL Financial Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain A+(f) Stable -
119 ABL Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain AA-(f) Stable -
120 ABL Income Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain A+(f) Stable -
121 ABL Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain AA+(f) Stable -
122 Pak Qatar Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 10-Oct-25 Maintain AM2 Positive -
123 MCB Investment Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Oct-25 Initial AA+(f) Stable -
124 MCB Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Oct-25 Maintain AM1 Stable -
125 UBL Financial Services (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 01-Oct-25 Initial BFR 2 Stable -
126 Pak Qatar Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 30-Sep-25 -
127 ABL Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Sep-25 Maintain AA(f) Stable -
128 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 3-Star -
129 NBP Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 4-Star -
130 NBP Balanced Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 3-Star -
131 NBP Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 4-Star -
132 NBP Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 3-Star -
133 First Capital Mutual Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 3-Star -
134 Optimus Capital Management (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 25-Sep-25 Maintain BFR 2 Stable -
135 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 25-Sep-25 Maintain BMR2 Stable -
136 ABL Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 25-Sep-25 Maintain AA+(f) Stable Yes
137 Askari High Yield Scheme
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain A(f) Stable -
138 Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund)
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain A+(f) Stable -
139 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain A+(f) Stable -
140 Trust Securities & Brokerage Limited | BFR
Press Release | Report | History
Capital Markets BFR 19-Sep-25 Maintain BFR 2 Stable -
141 Trust Securities & Brokerage Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 19-Sep-25 Maintain BMR2+ Stable -
142 UBL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain AA+(f) Stable -
143 Pak Oman Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 12-Sep-25 Maintain AM3++ Stable -
144 Alfalah Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 29-Aug-25 Maintain AM1 Stable -
145 Lakson Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 22-Aug-25 Maintain AM2+ Positive -
146 IGI Finex Securities Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 21-Aug-25 Maintain BMR2+ Stable -
147 IGI Finex Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Aug-25 Maintain BFR 2+ Stable -
148 JS Fixed Term Munafa Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Aug-25 Maintain AAA(f) Stable -
149 AL Habib Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 12-Aug-25 Maintain AM1 Stable -
150 Lucky Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 11-Aug-25 Upgrade AM2+ Stable -
151 AWT Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 31-Jul-25 Upgrade AM2+ Stable -
152 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 18-Jul-25 Maintain BFR 2+ Stable -
153 AL Habib Capital Markets (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 18-Jul-25 Maintain BMR2+ Stable -
154 AL Haq Securities (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 18-Jul-25 Initial BFR 3 Stable -
155 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Jun-25 Maintain BFR 2 Stable -
156 Abbasi and Company (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 21-Jun-25 Maintain BMR2 Stable -
157 AHM Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 13-Jun-25 Maintain BFR 3 Stable -
158 ABL Special Saving Fund
Press Release | Report | History
Capital Markets Capital Preservation Rating 31-May-25 Same CP2+ Stable -
159 National Investment Trust Limited
Press Release | Report | History
Capital Markets Asset Manager 22-May-25 Maintain AM1 Stable -
160 Ismail Iqbal Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 20-May-25 Maintain BFR 3+ Stable -
161 Habib Metropolitan Financial Services Limited | BFR
Press Release | Report | History
Capital Markets BFR 16-May-25 Maintain BFR 3+ Stable -
162 CSC Empowerment & Inclusion Programme
Press Release | Report | History
Banks Social Impact and Performance Rating 16-May-25 Initial SIP3 Stable -
163 Al Meezan Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 15-May-25 Maintain AM1 Stable -
164 KTRADE Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 09-May-25 Maintain BFR 2 Stable -
165 AKD Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 07-May-25 Upgrade AM2 Stable -
166 NBP Fund Management Limited
Press Release | Report | History
Capital Markets Asset Manager 05-May-25 Maintain AM1 Stable -
167 Alfalah Securities (Pvt.) Limited (Formerly: Alfalah CLSA Securities (Pvt.) Limited) | BFR
Press Release | Report | History
Capital Markets BFR 23-Apr-25 Downgrade BFR 2 Stable Yes
168 First Capital Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Apr-25 Maintain AM4++ Stable -
169 Dr. Arslan Razaque Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Mar-25 Maintain BFR 3 Stable -
170 ASA Microfinance Bank (Pakistan) Limited
Press Release | Report | History
Banks Social Impact and Performance Rating 17-Mar-25 Maintain SIP2 Positive -
171 Aba Ali Habib Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 14-Mar-25 Maintain BFR 2 Stable -
172 Zafar Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 07-Mar-25 Maintain BFR 3+ Stable -
173 UBL Special Savings Plan – II under UBL Special Savings Fund (USSP-II)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
174 UBL Special Savings Plan – III under UBL Special Savings Fund (USSP-III)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
175 UBL Special Savings Plan – IV under UBL Special Savings Fund (USSP-IV)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
176 UBL Special Savings Plan – V under UBL Special Savings Fund (USSP-V)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
177 UBL Special Savings Plan – VI under UBL Special Savings Fund (USSP-VI)
Press Release | Report | History
Capital Markets Capital Preservation Rating 08-Dec-23 Withdraw -
178 NBP Islamic Active Allocation Equity Fund
Press Release | Report | History
Capital Markets Performance Ranking 10-Aug-23 Withdraw -
Complaints
Ms. Iram Tahir | Compliance Officer

+92 42 3586 9504-6 | compliance@pacra.com

DISCLAIMER
In case your complaint has not been properly redressed by us, you may lodge your complaint with SECP.