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Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 WE Financial Services Limited
Press Release | Report | History
Capital Markets BFR 12-Feb-26 Initial BFR 3 Positive -
2 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Capital Markets Stability Rating 12-Feb-26 Maintain AA+(f) Stable -
3 JS Fixed Term Munafa Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Feb-26 Maintain AAA(f) Stable -
4 JS Investments Limited | RMR
Press Release | Report | History
Infrastructure REIT Manager Rating 08-Jan-26 Upgrade RM 3+ Stable -
5 Mukab REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 07-Jan-26 Initial RM 4 Stable -
6 JS Rental REIT
Press Release | Report | History
Infrastructure Rental REIT Fund 02-Jan-26 Maintain A+(rr) Positive -
7 Pak Oman Micro Finance Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Jan-26 Maintain A-(f) Stable -
8 A.U.A Securities (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 31-Dec-25 Initial BFR 4 Stable -
9 JS Fixed Term Munafa Fund II
Press Release | Report | History
Capital Markets Stability Rating 30-Dec-25 Initial AAA(f) Stable -
10 Mahaana Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 26-Dec-25 Maintain AA+(f) Stable -
11 Alfalah Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-25 Maintain A+(f) Stable -
12 Alfalah Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-25 Maintain AA(f) Stable -
13 Alfalah Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-25 Maintain AA+(f) Stable -
14 TPL REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 23-Dec-25 Maintain RM 3+ Stable -
15 TPL REIT Fund I
Press Release | Report | History
Infrastructure REIT Fund Rating 23-Dec-25 Maintain RFR 3+ Developing Yes
16 Intermarket Securities Limited (Formerly: EFG Hermes Pakistan Limited) | BMR
Press Release | Report | History
Capital Markets Broker Management 19-Dec-25 Maintain BMR2+ Stable -
17 Intermarket Securities Limited (Formerly: EFG Hermes Pakistan Limited) | BFR
Press Release | Report | History
Capital Markets BFR 19-Dec-25 Maintain BFR 2+ Stable -
18 NIT Government Bond Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Dec-25 Maintain AA(f) Stable -
19 NIT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Dec-25 Maintain AA-(f) Stable -
20 NIT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Dec-25 Maintain AA-(f) Stable -
21 NIT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Dec-25 Maintain AAA(f) Stable -
22 JS Global Capital Limited | BFR
Press Release | Report | History
Capital Markets BFR 12-Dec-25 Maintain BFR 1 Stable -
23 JS Global Capital Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 12-Dec-25 Maintain BMR1 Stable -
24 Arif Habib Limited | BFR
Press Release | Report | History
Capital Markets BFR 12-Dec-25 Maintain BFR 1 Stable -
25 Arif Habib Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 12-Dec-25 Maintain BMR1 Stable -
26 Rural Community Development Programmes
Press Release | Report | History
Banks Social Impact and Performance Rating 12-Dec-25 Maintain SIP3++ Positive -
27 JS Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Dec-25 Maintain AA+(f) Stable -
28 Golden Arrow Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Dec-25 Same 3-Star -
29 AKD Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Dec-25 Same 2-Star -
30 AKD Opportunity Fund
Press Release | Report | History
Capital Markets Performance Ranking 11-Dec-25 Same 2-Star -
31 Alhamra Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Dec-25 Maintain AA(f) Stable -
32 Pak Oman Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Dec-25 Maintain AA(f) Stable -
33 Alhamra Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 11-Dec-25 Maintain AA(f) Stable -
34 JS Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain AA-(f) Stable -
35 JS Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain AA+(f) Stable -
36 JS Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain AA(f) Stable -
37 JS Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain A+(f) Stable -
38 JS Microfinance Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain A(f) Stable -
39 JS Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Dec-25 Maintain AA(f) Stable -
40 ABL Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-25 Downgrade AA(f) Stable -
41 IMM Project One Development REIT Scheme
Press Release | Report | History
Infrastructure REIT Fund Rating 04-Dec-25 Preliminary RFR 3 Stable -
42 Atlas Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Dec-25 Maintain AA(f) Stable -
43 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 -
44 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 -
45 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 -
46 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 -
47 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 -
48 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 -
49 Dawood Equities Limited | BFR
Press Release | Report | History
Capital Markets BFR 28-Nov-25 Maintain BFR 3+ Stable -
50 AL Habib Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Nov-25 Maintain AAA(f) Stable -
51 Faysal Islamic Special Income Fund
Press Release | Report | History
Capital Markets Stability Rating 21-Nov-25 Maintain AA(f) Stable -
52 Faysal Halal Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 21-Nov-25 Maintain AA(f) Stable -
53 Spectrum Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Nov-25 Maintain BFR 3+ Stable -
54 Spectrum Securities Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 21-Nov-25 Maintain BMR3+ Stable -
55 AKD Aggressive Income Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Nov-25 Maintain A+(f) Stable -
56 AKD Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Nov-25 Maintain AA+(f) Stable -
57 AKD Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Nov-25 Maintain AA(f) Stable -
58 AKD Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Nov-25 Maintain AA-(f) Stable -
59 786 Smart Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Nov-25 Maintain AA-(f) Stable -
60 Alfalah GHP Income Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA-(f) Stable -
61 Alfalah GHP Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA+(f) Stable -
62 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA(f) Stable -
63 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA-(f) Stable -
64 Alfalah GHP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA+(f) Stable -
65 Alfalah GHP Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain AA-(f) Stable -
66 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-25 Maintain A+(f) Stable -
67 786 Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 10-Nov-25 Upgrade AM3+ Stable -
68 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 -
69 AWT Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Nov-25 Maintain A+(f) Stable -
70 AWT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Nov-25 Maintain A+(f) Stable -
71 AWT Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Nov-25 Maintain AA+(f) Stable -
72 AWT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Nov-25 Maintain A+(f) Stable -
73 Atlas Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 07-Nov-25 Upgrade AM1 Stable -
74 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Nov-25 Improved 4-Star -
75 IMM REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 06-Nov-25 Maintain RM 3 Stable -
76 JS Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 05-Nov-25 Upgrade AM1 Stable -
77 Lucky Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Nov-25 Maintain AA+(f) Stable -
78 Lucky Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Nov-25 Maintain AA(f) Stable -
79 MCB Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Nov-25 Upgrade AA(f) Stable -
80 Lakson Income Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Oct-25 Maintain A+(f) Stable -
81 Lakson Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Oct-25 Maintain AA(f) Stable -
82 Lakson Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Oct-25 Maintain AA+(f) Stable -
83 Atlas Income Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA-(f) Stable -
84 Atlas Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA-(f) Stable -
85 Atlas Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA(f) Stable -
86 Atlas Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA+(f) Stable -
87 Atlas Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA+(f) Stable -
88 Atlas Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA-(f) Stable -
89 Al Ameen Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Oct-25 Maintain AA(f) Stable -
90 ABL Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 24-Oct-25 Maintain AM1 Stable -
91 Pakistan Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA(f) Stable -
92 Alhamra Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA(f) Stable -
93 Alhamra Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA-(f) Stable -
94 Pakistan Income Enhancement Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain A+(f) Stable -
95 MCB Pakistan Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA-(f) Stable -
96 MCB DCF Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA-(f) Stable -
97 MCB Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA+(f) Stable -
98 Pakistan Cash Management Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-25 Maintain AA+(f) Stable -
99 Habib Metropolitan Financial Services Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 23-Oct-25 Maintain BMR2 Stable -
100 AL Habib Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-25 Maintain AA(f) Stable -
101 AL Habib Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-25 Maintain AA+(f) Stable -
102 AL Habib Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-25 Maintain AA(f) Stable -
103 AL Habib Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-25 Maintain AA(f) Stable -
104 Alfalah Asset Allocation Fund (Formerly: Faysal Asset Allocation Fund)
Press Release | Report | History
Capital Markets Performance Ranking 21-Oct-25 Withdraw - -
105 Alfalah Stock Fund - II (Formerly: Faysal Stock Fund)
Press Release | Report | History
Capital Markets Performance Ranking 21-Oct-25 Withdraw - -
106 Alfalah Special Savings Plan-I (Formerly: Faysal Special Savings Plan - I)
Press Release | Report | History
Capital Markets Capital Preservation Rating 21-Oct-25 Withdraw -
107 NBP Riba Free Saving Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
108 NBP Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA-(f) Stable -
109 NBP Government Securities Plan - IV
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA(f) Stable -
110 NBP Income Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
111 NBP Islamic Government Securities Plan – III
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA(f) Stable -
112 NBP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
113 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
114 NBP Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA(f) Stable -
115 NBP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA(f) Stable -
116 NBP Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
117 NBP Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain A+(f) Stable -
118 NBP Government Securities Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AAA(f) Stable -
119 NBP Government Securities Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA-(f) Stable -
120 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA+(f) Stable -
121 NBP Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Oct-25 Maintain AA-(f) Stable -
122 ABL Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Oct-25 Maintain A+(f) Stable -
123 ABL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain AA+(f) Stable -
124 ABL Financial Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain A+(f) Stable -
125 ABL Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain AA-(f) Stable -
126 ABL Income Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain A+(f) Stable -
127 ABL Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-25 Maintain AA+(f) Stable -
128 Pak Qatar Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 10-Oct-25 Maintain AM2 Positive -
129 MCB Investment Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Oct-25 Initial AA+(f) Stable -
130 MCB Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Oct-25 Maintain AM1 Stable -
131 UBL Financial Services (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 01-Oct-25 Initial BFR 2 Stable -
132 Pak Qatar Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 30-Sep-25 -
133 ABL Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Sep-25 Maintain AA(f) Stable -
134 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 3-Star -
135 NBP Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 4-Star -
136 NBP Balanced Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 3-Star -
137 NBP Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 4-Star -
138 NBP Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 3-Star -
139 First Capital Mutual Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Sep-25 Same 3-Star -
140 Optimus Capital Management (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 25-Sep-25 Maintain BFR 2 Stable -
141 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 25-Sep-25 Maintain BMR2 Stable -
142 ABL Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 25-Sep-25 Maintain AA+(f) Stable Yes
143 Askari High Yield Scheme
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain A(f) Stable -
144 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 -
145 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain A+(f) Stable -
146 Trust Securities & Brokerage Limited | BFR
Press Release | Report | History
Capital Markets BFR 19-Sep-25 Maintain BFR 2 Stable -
147 Trust Securities & Brokerage Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 19-Sep-25 Maintain BMR2+ Stable -
148 UBL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain AA+(f) Stable -
149 Pak Oman Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 12-Sep-25 Maintain AM3++ Stable -
150 Alfalah Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 29-Aug-25 Maintain AM1 Stable -
151 Lakson Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 22-Aug-25 Maintain AM2+ Positive -
152 IGI Finex Securities Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 21-Aug-25 Maintain BMR2+ Stable -
153 IGI Finex Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Aug-25 Maintain BFR 2+ Stable -
154 AL Habib Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 12-Aug-25 Maintain AM1 Stable -
155 Lucky Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 11-Aug-25 Upgrade AM2+ Stable -
156 AWT Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 31-Jul-25 Upgrade AM2+ Stable -
157 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 18-Jul-25 Maintain BFR 2+ Stable -
158 AL Habib Capital Markets (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 18-Jul-25 Maintain BMR2+ Stable -
159 AL Haq Securities (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 18-Jul-25 Initial BFR 3 Stable -
160 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Jun-25 Maintain BFR 2 Stable -
161 Abbasi and Company (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 21-Jun-25 Maintain BMR2 Stable -
162 AHM Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 13-Jun-25 Maintain BFR 3 Stable -
163 ABL Special Saving Fund
Press Release | Report | History
Capital Markets Capital Preservation Rating 31-May-25 Same CP2+ Stable -
164 National Investment Trust Limited
Press Release | Report | History
Capital Markets Asset Manager 22-May-25 Maintain AM1 Stable -
165 Ismail Iqbal Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 20-May-25 Maintain BFR 3+ Stable -
166 Habib Metropolitan Financial Services Limited | BFR
Press Release | Report | History
Capital Markets BFR 16-May-25 Maintain BFR 3+ Stable -
167 CSC Empowerment & Inclusion Programme
Press Release | Report | History
Banks Social Impact and Performance Rating 16-May-25 Initial SIP3 Stable -
168 Al Meezan Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 15-May-25 Maintain AM1 Stable -
169 KTRADE Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 09-May-25 Maintain BFR 2 Stable -
170 AKD Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 07-May-25 Upgrade AM2 Stable -
171 NBP Fund Management Limited
Press Release | Report | History
Capital Markets Asset Manager 05-May-25 Maintain AM1 Stable -
172 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
173 First Capital Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Apr-25 Maintain AM4++ Stable -
174 Dr. Arslan Razaque Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Mar-25 Maintain BFR 3 Stable -
175 ASA Microfinance Bank (Pakistan) Limited
Press Release | Report | History
Banks Social Impact and Performance Rating 17-Mar-25 Maintain SIP2 Positive -
176 Aba Ali Habib Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 14-Mar-25 Maintain BFR 2 Stable -
177 Zafar Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 07-Mar-25 Maintain BFR 3+ Stable -
178 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 -
179 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 -
180 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 -
181 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 -
182 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 -
183 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
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