Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 ABL Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 25-Sep-25 Maintain AA+(f) Stable Yes
2 Askari High Yield Scheme
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain A(f) Stable -
3 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 -
4 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain A+(f) Stable -
5 UBL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 19-Sep-25 Maintain AA+(f) Stable -
6 Alfalah Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Aug-25 Maintain A+(f) Stable -
7 Alfalah Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Aug-25 Maintain AA(f) Stable -
8 Alfalah Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Aug-25 Maintain AA+(f) Stable -
9 JS Fixed Term Munafa Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Aug-25 Maintain AAA(f) Stable -
10 AKD Aggressive Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Jul-25 Maintain A+(f) Stable -
11 AKD Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Jul-25 Maintain AA+(f) Stable -
12 AKD Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Jul-25 Maintain AA(f) Stable -
13 AKD Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Jul-25 Maintain AA-(f) Stable -
14 Alfalah Financial Sector Opportunity Fund (Formerly: Faysal Financial Sector Opprotunity Fund)
Press Release | Report | History
Capital Markets Stability Rating 17-Jul-25 Maintain A+(f) Stable -
15 Alfalah Income & Growth Fund (Formerly: Faysal Income & Growth Fund)
Press Release | Report | History
Capital Markets Stability Rating 17-Jul-25 Maintain A(f) Stable -
16 Alfalah Money Market Fund-II (Formerly: Faysal Money Market Fund)
Press Release | Report | History
Capital Markets Stability Rating 17-Jul-25 Maintain AA(f) Stable -
17 Alfalah MTS Fund (Formerly: Faysal MTS Fund)
Press Release | Report | History
Capital Markets Stability Rating 17-Jul-25 Maintain AA-(f) Stable -
18 Alfalah Saving Growth Fund (Formerly: Faysal Saving Growth Fund)
Press Release | Report | History
Capital Markets Stability Rating 17-Jul-25 Maintain AA-(f) Stable -
19 Pak Oman Micro Finance Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Jul-25 Initial A-(f) Stable -
20 Alhamra Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Jul-25 Maintain AA(f) Stable -
21 MCB DCF Fixed Return Fund II
Press Release | Report | History
Capital Markets Stability Rating 07-Jul-25 Maintain AAA(f) Stable -
22 MCB DCF Fixed Return Fund III
Press Release | Report | History
Capital Markets Stability Rating 07-Jul-25 Maintain AAA(f) Stable -
23 JS Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 02-Jul-25 Maintain AA+(f) Stable -
24 Al Ameen Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Jun-25 Maintain AA(f) Stable -
25 Atlas Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Jun-25 Maintain AA(f) Stable -
26 Mahaana Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Jun-25 Maintain AA+(f) Stable -
27 Faysal Halal Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 26-Jun-25 Maintain AA(f) Stable -
28 AWT Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 25-Jun-25 Maintain AA+(f) Stable -
29 NIT Government Bond Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Jun-25 Maintain AA(f) Stable -
30 NIT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Jun-25 Maintain AA-(f) Stable -
31 NIT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Jun-25 Maintain AA-(f) Stable -
32 NIT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Jun-25 Maintain AAA(f) Stable -
33 Alfalah GHP Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Jun-25 Maintain AA+(f) Stable -
34 Alfalah GHP Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Jun-25 Maintain AA-(f) Stable -
35 Alfalah GHP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Jun-25 Maintain AA+(f) Stable -
36 Alfalah GHP Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Jun-25 Maintain AA-(f) Stable -
37 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Jun-25 Maintain AA-(f) Stable -
38 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Jun-25 Maintain A+(f) Stable -
39 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Jun-25 Maintain AA(f) Stable -
40 ABL Financial Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-25 Maintain A+(f) Stable -
41 ABL Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-25 Maintain AA+(f) Stable -
42 ABL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-25 Maintain AA+(f) Stable -
43 ABL Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-25 Maintain AA-(f) Stable -
44 ABL Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-25 Maintain A+(f) Stable -
45 ABL Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Jun-25 Maintain A+(f) Stable -
46 Pak Oman Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Jun-25 Maintain AA(f) Stable -
47 Faysal Islamic Special Income Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Jun-25 Maintain AA(f) Stable -
48 JS Microfinance Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jun-25 Maintain A(f) Stable -
49 JS Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jun-25 Maintain AA-(f) Stable -
50 JS Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jun-25 Maintain AA(f) Stable -
51 JS Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jun-25 Maintain A+(f) Stable -
52 JS Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jun-25 Maintain AA(f) Stable -
53 JS Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Jun-25 Maintain AA+(f) Stable -
54 ABL Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 05-Jun-25 Maintain AA+(f) Stable Yes
55 Pak Qatar Cash Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 05-Jun-25 Maintain AA(f) Stable -
56 AL Habib Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Jun-25 Maintain AAA(f) Stable -
57 Pak Qatar Asan Munafa Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Jun-25 Maintain AA(f) Stable -
58 Pak Qatar Daily Dividend Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Jun-25 Maintain AA(f) Stable -
59 Pak Qatar Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Jun-25 Maintain AA-(f) Stable -
60 Pak Qatar Khalis Bachat Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Jun-25 Maintain A(f) Stable -
61 Pak Qatar Monthly Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 03-Jun-25 Maintain A+(f) Stable -
62 Alhamra Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 30-May-25 Downgrade AA(f) Stable -
63 MCB Pakistan Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 27-May-25 Maintain AA-(f) Stable -
64 786 Smart Fund
Press Release | Report | History
Capital Markets Stability Rating 26-May-25 Maintain AA-(f) Stable -
65 Alhamra Wada Fund
Press Release | Report | History
Capital Markets Stability Rating 21-May-25 Maintain AA+(f) Stable -
66 MCB Pakistan Fixed Return Fund
Press Release | Report | History
Capital Markets Stability Rating 21-May-25 Maintain AAA(f) Stable -
67 MCB DCF Fixed Return Fund
Press Release | Report | History
Capital Markets Stability Rating 15-May-25 Maintain AAA(f) Stable -
68 AWT Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-May-25 Maintain A+(f) Stable -
69 AWT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-May-25 Maintain A+(f) Stable -
70 AWT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-May-25 Maintain A+(f) Stable -
71 Atlas Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA-(f) Stable -
72 Atlas Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA-(f) Stable -
73 Atlas Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA(f) Stable -
74 Atlas Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA+(f) Stable -
75 Atlas Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA+(f) Stable -
76 Atlas Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA-(f) Stable -
77 MCB Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA+(f) Stable -
78 MCB DCF Income Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA-(f) Stable -
79 Pakistan Income Enhancement Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain A+(f) Stable -
80 Pakistan Income Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Upgrade AA(f) Stable -
81 Alhamra Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA-(f) Stable -
82 Alhamra Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-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 05-May-25 Maintain AA+(f) Stable -
84 Pakistan Cash Management Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA+(f) Stable -
85 Lakson Income Fund
Press Release | Report | History
Capital Markets Stability Rating 02-May-25 Maintain A+(f) Stable -
86 Lakson Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 02-May-25 Maintain AA(f) Stable -
87 Lakson Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 02-May-25 Maintain AA+(f) Stable -
88 Lucky Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 28-Apr-25 Initial AA(f) Stable -
89 AL Habib Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Apr-25 Maintain AA(f) Stable -
90 AL Habib Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-25 Maintain AA+(f) Stable -
91 AL Habib Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-25 Maintain AA(f) Stable -
92 AL Habib Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-25 Maintain AA(f) Stable -
93 NBP Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Apr-25 Maintain AA-(f) Stable -
94 NBP Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
95 NBP Government Securities Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AAA(f) Stable -
96 NBP Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
97 NBP Government Securities Plan - IV
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA(f) Stable -
98 NBP Government Securities Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA-(f) Stable -
99 NBP Income Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
100 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA+(f) Stable -
101 NBP Islamic Government Securities Plan – III
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA(f) Stable -
102 NBP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
103 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
104 NBP Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA(f) Stable -
105 NBP Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA-(f) Stable -
106 NBP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA(f) Stable -
107 NBP Riba Free Saving Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
108 Lucky Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Apr-25 Initial AA+(f) Stable -
109 ABL Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Mar-25 Initial AA(f) Stable -
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.