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Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action AM Rating Outlook Rating Watch
1 First Capital Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Apr-26 Maintain AM4++ Stable -
2 Pak Qatar Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 19-Mar-26 Upgrade AM2+ Stable -
3 Lucky Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Mar-26 Upgrade AM2++ 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 TPL REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 23-Dec-25 Maintain RM 3+ Stable -
7 786 Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 10-Nov-25 Upgrade AM3+ Stable -
8 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 -
9 Atlas Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 07-Nov-25 Upgrade AM1 Stable -
10 IMM REIT Management Company Limited
Press Release | Report | History
Infrastructure REIT Manager Rating 06-Nov-25 Maintain RM 3 Stable -
11 JS Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 05-Nov-25 Upgrade AM1 Stable -
12 ABL Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 24-Oct-25 Maintain AM1 Stable -
13 MCB Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Oct-25 Maintain AM1 Stable -
14 Pak Oman Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 12-Sep-25 Maintain AM3++ Stable -
15 Alfalah Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 29-Aug-25 Maintain AM1 Stable -
16 Lakson Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 22-Aug-25 Maintain AM2+ Positive -
17 AL Habib Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 12-Aug-25 Maintain AM1 Stable -
18 AWT Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 31-Jul-25 Upgrade AM2+ Stable -
19 National Investment Trust Limited
Press Release | Report | History
Capital Markets Asset Manager 22-May-25 Maintain AM1 Stable -
20 Al Meezan Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 15-May-25 Maintain AM1 Stable -
21 AKD Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 07-May-25 Upgrade AM2 Stable -
22 NBP Fund Management Limited
Press Release | Report | History
Capital Markets Asset Manager 05-May-25 Maintain AM1 Stable -
Complaints
Ms. Iram Tahir | Compliance Officer

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

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