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Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 Alfalah GHP Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Sep-26 Maintain AA(f) Stable -
2 AL Habib Income Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Sep-26 Maintain AA(f) Stable -
3 AL Habib Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Sep-26 Maintain AA+(f) Stable -
4 AL Habib Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Sep-26 Maintain AA(f) Stable -
5 AL Habib Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Sep-26 Maintain AA(f) Stable -
6 Pakistan Income Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain AA(f) Stable -
7 Pakistan Income Enhancement Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain A+(f) Stable -
8 Pakistan Cash Management Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain AA+(f) Stable -
9 MCB Pakistan Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain AA-(f) Stable -
10 MCB DCF Income Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain AA-(f) Stable -
11 MCB Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain AA+(f) Stable -
12 Alhamra Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain AA(f) Stable -
13 Alhamra Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain AA-(f) Stable -
14 Askari High Yield Scheme
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain A(f) Stable -
15 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain A+(f) Stable Yes
16 Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund)
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain A+(f) Stable -
17 Mahaana Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain AA+(f) Stable Yes
18 Pak Oman Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 11-Sep-26 Downgrade AM4++ Developing -
19 Pak Oman Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Sep-26 Maintain AA(f) Negative Yes
20 Alhamra Islamic Investment Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Sep-26 Initial AA-(f) Stable -
21 MCB Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Sep-26 Initial AA+(f) Stable -
22 UBL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Sep-26 Maintain AAA(f) Stable -
23 AKD Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 31-Aug-26 Improved 3-Star -
24 AKD Opportunity Fund
Press Release | Report | History
Capital Markets Performance Ranking 31-Aug-26 Same 3-Star -
25 Golden Arrow Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 31-Aug-26 Same 3-Star -
26 Alfalah Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 28-Aug-26 Maintain AM1 Stable -
27 JS Islamic Fixed Term Munafa Fund
Press Release | Report | History
Capital Markets Stability Rating 25-Aug-26 Initial AA+(f) Stable -
28 First Capital Mutual Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Aug-26 Same 3-Star -
29 NBP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 25-Aug-26 Upgrade AA+(f) Stable -
30 Pak Qatar Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 24-Aug-26 Initial 1-Star -
31 Lakson Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 24-Aug-26 Upgrade AM2++ Stable -
32 IGI Finex Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Aug-26 Maintain BFR 2+ Stable -
33 IGI Finex Securities Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 21-Aug-26 Maintain BMR2+ Stable -
34 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 19-Aug-26 Same 4-Star -
35 JS Fixed Term Munafa Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Aug-26 Maintain AAA(f) Stable -
36 AL Habib Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 12-Aug-26 Maintain AM1 Stable -
37 Lucky Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 07-Aug-26 Upgrade AM1 Stable -
38 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Capital Markets Stability Rating 05-Aug-26 Maintain AA+(f) Stable Yes
39 AWT Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 31-Jul-26 Upgrade AM2++ Stable -
40 NBP Money Market Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Jul-26 Initial AA(f) Stable -
41 ABL Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 21-Jul-26 Maintain AA(f) Stable -
42 NBP Fixed Term Munafa Plan - XIVB under NBP Mustahkam Fund-II
Press Release | Report | History
Capital Markets Stability Rating 21-Jul-26 Initial AA+(f) Stable -
43 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 17-Jul-26 Maintain BFR 2+ Stable -
44 AL Habib Capital Markets (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 17-Jul-26 Maintain BMR2+ Stable -
45 JS Fixed Term Munafa Fund II
Press Release | Report | History
Capital Markets Stability Rating 17-Jul-26 Maintain AAA(f) Stable -
46 AL Haq Securities (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 17-Jul-26 Maintain BFR 3 Stable -
47 Faysal Halal Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Jul-26 Maintain AA(f) Stable -
48 SIA Equities (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 14-Jul-26 Initial BFR 4+ Stable -
49 Pak Qatar Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 14-Jul-26 Maintain AA-(f) Stable -
50 Pak Qatar Daily Dividend Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 14-Jul-26 Maintain AA(f) Stable -
51 Pak Qatar Cash Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 14-Jul-26 Maintain AA(f) Stable -
52 Alfalah GHP Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain AA+(f) Stable -
53 Alfalah GHP Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain AA-(f) Stable -
54 NIT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain AAA(f) Stable -
55 NIT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain AA-(f) Stable -
56 NIT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain AA-(f) Stable -
57 NIT Government Bond Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain AA(f) Stable -
58 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain A+(f) Stable -
59 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain AA-(f) Stable -
60 Alfalah GHP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain AA+(f) Stable -
61 Alfalah Islamic Amdani Fund (Formerly: Alfalah Islamic Rozana Amdani Fund)
Press Release | Report | History
Capital Markets Stability Rating 10-Jul-26 Maintain AA(f) Stable -
62 Arif Latif Securities (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 10-Jul-26 Initial BFR 3 Stable -
63 786 Smart Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Jul-26 Maintain AA-(f) Stable -
64 Indus DC REIT Scheme
Press Release | Report | History
Infrastructure REIT Fund Rating 06-Jul-26 Preliminary RFR 3 Stable -
65 Lakson Income Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Jul-26 Maintain A+(f) Stable -
66 Lakson Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Jul-26 Maintain AA(f) Stable -
67 Lakson Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Jul-26 Maintain AA+(f) Stable -
68 AWT Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Jun-26 Maintain AA+(f) Stable -
69 AWT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Jun-26 Maintain A+(f) Stable -
70 Alfalah Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Jun-26 Maintain A+(f) Stable -
71 Alfalah Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Jun-26 Maintain AA(f) Stable -
72 Alfalah Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Jun-26 Maintain AA+(f) Stable -
73 Pak Oman Micro Finance Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Jun-26 Maintain A-(f) Stable -
74 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 19-Jun-26 Maintain BFR 2 Stable -
75 Abbasi and Company (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 19-Jun-26 Maintain BMR2 Stable -
76 Alhamra Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-26 Maintain AA(f) Stable -
77 Lucky Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-26 Maintain AA(f) Stable -
78 Lucky Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-26 Maintain AA+(f) Stable -
79 MCB Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-26 Maintain AA(f) Stable -
80 Alhamra Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-26 Maintain AA(f) Stable -
81 AKD Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Jun-26 Maintain AA+(f) Stable -
82 AKD Aggressive Income Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Jun-26 Maintain A+(f) Stable -
83 AKD Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Jun-26 Maintain AA-(f) Stable -
84 AKD Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Jun-26 Maintain AA(f) Stable -
85 Atlas Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Jun-26 Maintain AA(f) Stable -
86 AHM Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 12-Jun-26 Maintain BFR 3 Stable -
87 ABL Special Saving Fund
Press Release | Report | History
Capital Markets Capital Preservation Rating 29-May-26 Same CP2+ Stable -
88 AL Habib Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 25-May-26 Maintain AAA(f) Stable -
89 Faysal Islamic Special Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-May-26 Maintain AA(f) Stable -
90 National Investment Trust Limited
Press Release | Report | History
Capital Markets Asset Manager 22-May-26 Maintain AM1 Stable -
91 Al Ameen Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-May-26 Maintain AA(f) Stable -
92 Ismail Iqbal Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 20-May-26 Maintain BFR 3+ Stable -
93 Habib Metropolitan Financial Services Limited | BFR
Press Release | Report | History
Capital Markets BFR 15-May-26 Maintain BFR 3+ Stable -
94 Al Meezan Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 15-May-26 Maintain AM1 Stable -
95 Atlas Income Fund
Press Release | Report | History
Capital Markets Stability Rating 15-May-26 Maintain AA-(f) Stable -
96 Atlas Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 15-May-26 Maintain AA-(f) Stable -
97 Atlas Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 15-May-26 Maintain AA(f) Stable -
98 Atlas Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 15-May-26 Maintain AA+(f) Stable -
99 Atlas Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 15-May-26 Maintain AA+(f) Stable -
100 Atlas Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 15-May-26 Maintain AA-(f) Stable -
101 CSC Empowerment & Inclusion Programme
Press Release | Report | History
Banks Social Impact and Performance Rating 15-May-26 Maintain SIP3 Stable -
102 Adam Securities Limited - BFR
Press Release | Report | History
Capital Markets BFR 11-May-26 Initial BFR 2 Stable -
103 KTRADE Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 08-May-26 Maintain BFR 2 Positive -
104 AKD Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 07-May-26 Maintain AM2 Stable -
105 NBP Fund Management Limited
Press Release | Report | History
Capital Markets Asset Manager 05-May-26 Maintain AM1 Stable -
106 JS Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 04-May-26 Maintain AA+(f) Stable -
107 JS Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-May-26 Maintain AA+(f) Stable -
108 JS Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 04-May-26 Maintain AA(f) Stable -
109 JS Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 04-May-26 Maintain AA(f) Stable -
110 JS Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-May-26 Maintain A+(f) Stable -
111 JS Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-May-26 Maintain AA-(f) Stable -
112 JS Microfinance Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 04-May-26 Maintain A(f) Stable -
113 NBP Financial Sector Income Plus Fund
Press Release | Report | History
Capital Markets Stability Rating 29-Apr-26 Initial A+(f) Stable -
114 BMA Islamic Noor Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Apr-26 Initial AA(f) Stable -
115 BMA Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Apr-26 Initial AA+(f) Stable -
116 MCB Investment Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Apr-26 Maintain AA+(f) Stable -
117 NBP Government Securities Plan - IV
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain AA(f) Stable -
118 NBP Income Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain A+(f) Stable -
119 NBP Islamic Government Securities Plan – III
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain AA(f) Stable -
120 NBP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain A+(f) Stable -
121 NBP Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain AA-(f) Stable -
122 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain A+(f) Stable -
123 NBP Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain AA(f) Stable -
124 NBP Riba Free Saving Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain A+(f) Stable -
125 NBP Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain A+(f) Stable -
126 NBP Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain A+(f) Stable -
127 NBP Government Securities Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain AAA(f) Stable -
128 NBP Government Securities Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain AA-(f) Stable -
129 NBP Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain AA-(f) Stable -
130 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-26 Maintain AA+(f) Stable -
131 Lucky Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Apr-26 Initial AA(f) Stable -
132 ABL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Apr-26 Maintain AA+(f) Stable -
133 ABL Financial Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Apr-26 Maintain A+(f) Stable -
134 ABL Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Apr-26 Maintain AA-(f) Stable -
135 ABL Income Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Apr-26 Maintain A+(f) Stable -
136 ABL Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Apr-26 Maintain A+(f) Stable -
137 ABL Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Apr-26 Maintain AA+(f) Stable -
138 First Capital Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Apr-26 Maintain AM4++ Stable -
139 ABL Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 02-Apr-26 Maintain AA+(f) Stable Yes
140 ABL Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 02-Apr-26 Maintain AA(f) Stable -
141 NBP Balanced Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Mar-26 Same 3-Star -
142 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Mar-26 Same 3-Star -
143 NBP Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Mar-26 Same 3-Star -
144 NBP Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Mar-26 Same 4-Star -
145 NBP Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 25-Mar-26 Same 4-Star -
146 Dr. Arslan Razaque Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 19-Mar-26 Maintain BFR 3 Stable -
147 Pak Qatar Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 19-Mar-26 Upgrade AM2+ Stable -
148 786 Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Mar-26 Initial AA(f) Stable -
149 ASA Microfinance Bank (Pakistan) Limited
Press Release | Report | History
Banks Social Impact and Performance Rating 17-Mar-26 Maintain SIP2 Positive -
150 Aba Ali Habib Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 12-Mar-26 Maintain BFR 2 Stable -
151 Zafar Securities (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 06-Mar-26 Maintain BFR 3+ Stable -
152 WE Financial Services Limited
Press Release | Report | History
Capital Markets BFR 12-Feb-26 Initial BFR 3 Positive -
153 JS Investments Limited | RMR
Press Release | Report | History
Infrastructure REIT Manager Rating 08-Jan-26 Upgrade RM 3+ Stable -
154 Mukab REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 07-Jan-26 Initial RM 4 Stable -
155 JS Rental REIT
Press Release | Report | History
Infrastructure Rental REIT Fund 02-Jan-26 Maintain A+(rr) Positive -
156 A.U.A Securities (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 31-Dec-25 Initial BFR 4 Stable -
157 TPL REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 23-Dec-25 Maintain RM 3+ Stable Yes
158 TPL REIT Fund I
Press Release | Report | History
Infrastructure REIT Fund Rating 23-Dec-25 Maintain RFR 3+ Developing Yes
159 Intermarket Securities Limited (Formerly: EFG Hermes Pakistan Limited) | BMR
Press Release | Report | History
Capital Markets Broker Management 19-Dec-25 Maintain BMR2+ Stable -
160 Intermarket Securities Limited (Formerly: EFG Hermes Pakistan Limited) | BFR
Press Release | Report | History
Capital Markets BFR 19-Dec-25 Maintain BFR 2+ Stable -
161 JS Global Capital Limited | BFR
Press Release | Report | History
Capital Markets BFR 12-Dec-25 Maintain BFR 1 Stable -
162 JS Global Capital Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 12-Dec-25 Maintain BMR1 Stable -
163 Arif Habib Limited | BFR
Press Release | Report | History
Capital Markets BFR 12-Dec-25 Maintain BFR 1 Stable -
164 Arif Habib Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 12-Dec-25 Maintain BMR1 Stable -
165 Rural Community Development Programmes
Press Release | Report | History
Banks Social Impact and Performance Rating 12-Dec-25 Maintain SIP3++ Positive -
166 IMM Project One Development REIT Scheme
Press Release | Report | History
Infrastructure REIT Fund Rating 04-Dec-25 Preliminary RFR 3 Stable -
167 Dawood Equities Limited | BFR
Press Release | Report | History
Capital Markets BFR 28-Nov-25 Maintain BFR 3+ Stable -
168 Spectrum Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 21-Nov-25 Maintain BFR 3+ Stable -
169 Spectrum Securities Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 21-Nov-25 Maintain BMR3+ Stable -
170 786 Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 10-Nov-25 Upgrade AM3+ Stable -
171 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 -
172 Atlas Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 07-Nov-25 Upgrade AM1 Stable -
173 IMM REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 06-Nov-25 Maintain RM 3 Stable -
174 JS Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 05-Nov-25 Upgrade AM1 Stable -
175 ABL Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 24-Oct-25 Maintain AM1 Stable -
176 Habib Metropolitan Financial Services Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 23-Oct-25 Maintain BMR2 Stable -
177 Alfalah Asset Allocation Fund (Formerly: Faysal Asset Allocation Fund)
Press Release | Report | History
Capital Markets Performance Ranking 21-Oct-25 Withdraw - -
178 Alfalah Stock Fund - II (Formerly: Faysal Stock Fund)
Press Release | Report | History
Capital Markets Performance Ranking 21-Oct-25 Withdraw - -
179 Alfalah Special Savings Plan-I (Formerly: Faysal Special Savings Plan - I)
Press Release | Report | History
Capital Markets Capital Preservation Rating 21-Oct-25 Withdraw -
180 MCB Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Oct-25 Maintain AM1 Stable -
181 UBL Financial Services (Pvt.) Limited - BFR
Press Release | Report | History
Capital Markets BFR 01-Oct-25 Initial BFR 2 Stable -
182 Optimus Capital Management (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 25-Sep-25 Maintain BFR 2 Stable -
183 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 25-Sep-25 Maintain BMR2 Stable -
184 Trust Securities & Brokerage Limited | BFR
Press Release | Report | History
Capital Markets BFR 19-Sep-25 Maintain BFR 2 Stable -
185 Trust Securities & Brokerage Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 19-Sep-25 Maintain BMR2+ Stable -
186 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 -
187 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 -
188 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 -
189 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 -
190 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 -
191 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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