Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Bank AL Habib Limited | Tier II TFC VIII | Sep-21
Press Release | Report | History
Banks Debt Instrument 03-Dec-21 Initial AA+ - Stable -
2 Kingcrete Builders
Press Release | Report | History
Infrastructure Entity 02-Dec-21 Maintain BBB A2 Stable -
3 K-Electric | ICP-21
Press Release | Report | History
Energy Debt Instrument 30-Nov-21 Initial AA A1+ Stable -
4 Spectrum Securities Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 30-Nov-21 Initial BMR3+ Stable -
5 TPL Corp Limited | PPTFC | TBI
Press Release | Report | History
Holding Company Debt Instrument 30-Nov-21 Preliminary AA- - Stable -
6 K-Electric | CP-1
Press Release | Report | History
Energy Debt Instrument 30-Nov-21 Initial AA A1+ Stable -
7 TPL Corp Limited | PP Sukuk
Press Release | Report | History
Holding Company Debt Instrument 30-Nov-21 Preliminary AA- - Stable -
8 Sayban International
Press Release | Report | History
Agriculture & Allied Entity 29-Nov-21 Upgrade BBB- A3 Stable -
9 HUM Network Limited
Press Release | Report | History
Communication Entity 29-Nov-21 Maintain A+ A1 Stable Yes
10 JS Global Capital Limited | CP | TBI
Press Release | Report | History
Capital Markets Debt Instrument 26-Nov-21 Preliminary AA A1+ Stable -
11 Byco Petroleum Pakistan Limited | Sukuk | Jan-17
Press Release | Report | History
Energy Debt Instrument 26-Nov-21 Maintain AAA - Stable -
12 Sapphire Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 26-Nov-21 Maintain A A1 Stable -
13 East West Insurance Company Limited
Press Release | Report | History
Insurance IFS 26-Nov-21 Maintain AA- Stable -
14 WAPDA Dasu Sukuk-B
Press Release | Report | History
Energy Debt Instrument 23-Nov-21 Initial AAA - Stable -
15 Inbox Business Technologies Limited
Press Release | Report | History
Engineering and Technology Entity 23-Nov-21 Initial BBB+ A2 Stable -
16 Sapphire Fibres Limited
Press Release | Report | History
Textile & Allied Entity 23-Nov-21 Maintain A+ A1 Stable -
17 Ghani Global Glass Limited
Press Release | Report | History
Infrastructure Entity 23-Nov-21 Initial BBB+ A2 Positive -
18 Amanah Investments Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 23-Nov-21 Initial BMR3 Stable -
19 KTRADE Securities Limited (Formerly: Khadim Ali Shah Bukhari Securities)
Press Release | Report | History
Capital Markets Entity 22-Nov-21 Upgrade A- A2 Stable -
20 Airlink Communication
Press Release | Report | History
Distributors Entity 22-Nov-21 Upgrade A A1 Stable -
21 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 22-Nov-21 Maintain A A1 Stable -
22 Ghani Global Holdings Limited
Press Release | Report | History
Holding Company Entity 22-Nov-21 Initial A- A2 Positive -
23 WAPDA Dasu TFC-B
Press Release | Report | History
Energy Debt Instrument 18-Nov-21 Initial AAA - Stable -
24 Ahmed Fine Weaving Limited
Press Release | Report | History
Textile & Allied Entity 18-Nov-21 Maintain A- A2 Stable -
25 Etihad Alloys (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 16-Nov-21 Initial BB+ A3 Developing -
26 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Nov-21 Maintain AA(f) Stable -
27 Gul Ahmed Energy Limited
Press Release | Report | History
Energy Entity 10-Nov-21 Maintain A- A2 Stable -
28 AWT Money Market Fund (Formerly: AWT Asset Allocation Fund)
Press Release | Report | History
Capital Markets Stability Rating 09-Nov-21 Maintain AA+(f) Stable -
29 Fazal Cloth Mills Limited
Press Release | Report | History
Textile & Allied Entity 05-Nov-21 Upgrade A A2 Stable -
30 Jubilee General Insurance Company Limited
Press Release | Report | History
Insurance IFS 05-Nov-21 Maintain AA+ Stable -
31 Sui Northern Gas Pipelines Limited
Press Release | Report | History
Energy Entity 05-Nov-21 Maintain AA- A1 Stable -
32 Orient Rental Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 04-Nov-21 Maintain A- A2 Stable -
33 Lucky Electric Power Company Limited | ICP-1 | TBI
Press Release | Report | History
Energy Debt Instrument 02-Nov-21 Preliminary AA- A1 Stable -
34 Habibullah Coastal Power Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 01-Nov-21 Maintain A A1 Developing Yes
35 Islamabad Farms
Press Release | Report | History
Food and Allied Entity 29-Oct-21 Maintain BBB- A3 Stable -
36 Habib Metropolitan Financial Services Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 29-Oct-21 Initial BMR2 Stable -
37 Optimus Capital Management (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 29-Oct-21 Initial BFR 3++ Stable -
38 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 29-Oct-21 Upgrade BMR2 Stable -
39 AGP Limited
Press Release | Report | History
Pharma and Chemicals Entity 26-Oct-21 Maintain A+ A1 Stable -
40 ABL Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 26-Oct-21 Initial AM2++ Positive -
41 AGP Limited | Sukuk | Jun-17
Press Release | Report | History
Pharma and Chemicals Debt Instrument 26-Oct-21 Maintain A+ - Stable -
42 Pharmagen Limited
Press Release | Report | History
Pharma and Chemicals Entity 25-Oct-21 Maintain A- A2 Stable -
43 Zahidjee Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Oct-21 Upgrade A A2 Stable -
44 Ghandhara Industries Limited
Press Release | Report | History
Auto and Allied Entity 22-Oct-21 Upgrade A+ A1 Stable -
45 Ghandhara Nissan Limited
Press Release | Report | History
Auto and Allied Entity 22-Oct-21 Maintain A A1 Stable -
46 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 22-Oct-21 Maintain BBB- A2 Positive -
47 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Infrastructure Entity 22-Oct-21 Upgrade A+ A1 Stable -
48 Din Energy Limited
Press Release | Report | History
Energy Entity 22-Oct-21 Initial A- A2 Stable -
49 The Hub Power Company Limited | PPSTS | TBI
Press Release | Report | History
Energy Debt Instrument 22-Oct-21 Preliminary AA+ A1+ Stable -
50 NBP Active Allocation Riba Free Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 20-Oct-21 Maintain A-(f) Stable -
51 Faysal Halal Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 20-Oct-21 Maintain AA(f) Stable -
52 CCL Pharmaceuticals (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 20-Oct-21 Initial A A1 Stable -
53 Faysal Financial Sector Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain AA-(f) Stable -
54 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain A(f) Stable -
55 NBP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain AA(f) Stable -
56 NBP Income Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain A(f) Stable -
57 NBP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain A(f) Stable -
58 NBP Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain AA-(f) Stable -
59 Faysal MTS Fund (FMTSF)
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain AA-(f) Stable -
60 NBP Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain A+(f) Stable -
61 Faysal Income and Growth Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain A(f) Stable -
62 NBP Riba Free Saving Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain A+(f) Stable -
63 Faysal Savings Growth Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain AA-(f) Stable -
64 NBP Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain AA(f) Stable -
65 Faysal Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain AA(f) Stable -
66 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-21 Maintain AA(f) Stable -
67 Atlas Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-21 Maintain AA-(f) Stable -
68 Atlas Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-21 Maintain AA-(f) Stable -
69 Atlas Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-21 Maintain AA(f) Stable -
70 786 Smart Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-21 Maintain AA-(f) Stable -
71 IGI Securities Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 15-Oct-21 Initial BMR2+ Stable -
72 Secure Logistics Group (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 15-Oct-21 Upgrade A A2 Stable -
73 Atlas Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-21 Maintain AA+(f) Stable -
74 Atlas Income Fund
Press Release | Report | History
Capital Markets Stability Rating 15-Oct-21 Maintain AA-(f) Stable -
75 Awami Agro Commodities
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain BBB- A2 Stable -
76 Hassan Ali Rice Export Company
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain BBB A2 Stable -
77 Engro Eximp Agriproducts (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain A- A2 Stable -
78 Reliance International Commodities Exports (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain BB+ A3 Stable -
79 Jhulay Lal Parboiled Rice Mill
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain BBB A2 Positive -
80 Habib Construction Services Limited
Press Release | Report | History
Infrastructure Entity 13-Oct-21 Maintain BBB A2 Stable -
81 A.J. Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 12-Oct-21 Initial A- A2 Stable -
82 Alfalah GHP Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Oct-21 Maintain AA(f) Stable -
83 Alfalah GHP Income Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Oct-21 Maintain A+(f) Stable -
84 Alfalah GHP Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Oct-21 Maintain AA-(f) Stable -
85 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Oct-21 Maintain A+(f) Stable -
86 AWT Islamic Income Fund (Formerly: PIML Islamic Income Fund)
Press Release | Report | History
Capital Markets Stability Rating 08-Oct-21 Maintain A+(f) Stable -
87 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Oct-21 Maintain AA-(f) Stable -
88 AWT Income Fund (Formerly: PIML Income Fund)
Press Release | Report | History
Capital Markets Stability Rating 08-Oct-21 Maintain A+(f) Stable -
89 Alfalah GHP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 08-Oct-21 Maintain AA+(f) Stable -
90 MCB-Arif Habib Savings and Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 06-Oct-21 Maintain AM1 Stable -
91 MACPAC Films Limited
Press Release | Report | History
Consumers Goods & Services Entity 05-Oct-21 Maintain BBB- A3 Stable -
92 K-Electric | ICP-22
Press Release | Report | History
Energy Debt Instrument 04-Oct-21 Preliminary AA A1+ Stable -
93 UBL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 02-Oct-21 Maintain AA+(f) Stable -
94 JS Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Oct-21 Maintain AA-(f) Stable -
95 Master Wind Energy Limited
Press Release | Report | History
Energy Entity 01-Oct-21 Upgrade A+ A1 Stable -
96 JS Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Oct-21 Maintain AA(f) Stable -
97 JS Income Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Oct-21 Maintain A+(f) Stable -
98 JS Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 01-Oct-21 Maintain AA+(f) Stable -
99 Liberty Power Tech Limited
Press Release | Report | History
Energy Entity 30-Sep-21 Maintain A+ A1 Stable -
100 Noon Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-21 Maintain BBB+ A2 Stable -
101 LalPir Power Limited
Press Release | Report | History
Energy Entity 30-Sep-21 Maintain AA A1 Stable -
102 BMA Chundrigar Road Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Sep-21 Maintain A(f) Stable -
103 PakGen Power Limited
Press Release | Report | History
Energy Entity 30-Sep-21 Maintain AA A1 Stable -
104 Mehran Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-21 Maintain A- A2 Stable -
105 Thardeep Microfinance Foundation
Press Release | Report | History
Banks Entity 30-Sep-21 Maintain BBB A3 Stable Yes
106 Popular Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Sep-21 Maintain BBB+ A2 Stable -
107 NBP Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 29-Sep-21 Maintain A+(f) Stable -
108 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 29-Sep-21 Maintain A- A2 Stable -
109 NBP Government Securities Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 29-Sep-21 Maintain AA-(f) Stable -
110 NBP Government Securities Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 29-Sep-21 Maintain AAA(f) Stable -
111 Arif Habib Limited | BFR
Press Release | Report | History
Capital Markets BFR 29-Sep-21 Initial BFR 1 Stable -
112 Ravi Automobile (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 29-Sep-21 Maintain BBB A2 Stable -
113 SGM Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 27-Sep-21 Upgrade BBB A2 Stable -
114 NRSP Microfinance Bank Limited | Tier II TFC
Press Release | Report | History
Banks Debt Instrument 27-Sep-21 Initial A- - Stable -
115 Kashf Foundation | PPTFC
Press Release | Report | History
Banks Debt Instrument 25-Sep-21 Maintain A - Stable Yes
116 Kashf Foundation
Press Release | Report | History
Banks Entity 25-Sep-21 Maintain A- A2 Stable Yes
117 Nishat Power Limited
Press Release | Report | History
Energy Entity 24-Sep-21 Maintain AA- A1 Stable -
118 First Punjab Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 24-Sep-21 Maintain A- A2 Stable -
119 Prosperity Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 24-Sep-21 Maintain A- A2 Stable -
120 Askari Cement Limited
Press Release | Report | History
Infrastructure Entity 24-Sep-21 Maintain A A1 Stable -
121 Nagina Cotton Mills Limited
Press Release | Report | History
Textile & Allied Entity 24-Sep-21 Maintain A- A2 Stable -
122 Dawood Equities Limited
Press Release | Report | History
Capital Markets Entity 24-Sep-21 Initial A- A2 Stable -
123 First Fidelity Leasing Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 24-Sep-21 Maintain BBB+ A2 Stable -
124 Ellcot Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 24-Sep-21 Maintain A- A2 Stable -
125 Jauharabad Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 24-Sep-21 Maintain BBB+ A2 Stable -
126 Service Industries Limited
Press Release | Report | History
Auto and Allied Entity 24-Sep-21 Initial AA- A1 Stable -
127 First Habib Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 23-Sep-21 Maintain AA+ A1+ Stable -
128 Global Marketing Services
Press Release | Report | History
Pharma and Chemicals Entity 23-Sep-21 Upgrade BBB A2 Stable -
129 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 23-Sep-21 Maintain AA- A1 Stable -
130 Thar Energy Limited
Press Release | Report | History
Energy Entity 23-Sep-21 Maintain A- A2 Stable Yes
131 Atlas Power Limited
Press Release | Report | History
Energy Entity 22-Sep-21 Maintain AA- A1+ Stable -
132 NBP Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Sep-21 Maintain AA-(f) Stable -
133 Abbasi and Company (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 22-Sep-21 Initial BMR2 Stable -
134 OILCO Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 21-Sep-21 Initial A- A2 Stable -
135 Punjab Feeds Limited
Press Release | Report | History
Food and Allied Entity 16-Sep-21 Initial BBB A2 Stable -
136 Berger Paints Pakistan Limited | PP Sukuk | Sep -21
Press Release | Report | History
Pharma and Chemicals Debt Instrument 16-Sep-21 Initial A - Stable -
137 Islamabad Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 16-Sep-21 Maintain BBB A2 Stable -
138 Berger Paints Pakistan Limited
Press Release | Report | History
Pharma and Chemicals Entity 16-Sep-21 Initial A- A2 Stable -
139 AL Habib Asset Management Limited (Formerly: Habib Asset Management Limited)
Press Release | Report | History
Capital Markets Asset Manager 15-Sep-21 Maintain AM2 Stable -
140 Malik MIJ Chunxing Resources Recycling Company Limited
Press Release | Report | History
Engineering and Technology Entity 15-Sep-21 Initial BBB A2 Stable -
141 Hi-Tech Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 15-Sep-21 Maintain BBB- A3 Stable -
142 Sadiq Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 14-Sep-21 Maintain BBB+ A2 Stable -
143 Sadiq Poultry (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 14-Sep-21 Maintain BBB+ A2 Stable -
144 JWS Pakistan
Press Release | Report | History
Banks Entity 14-Sep-21 Maintain BBB- A3 Positive Yes
145 NIT Government Bond Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Sep-21 Maintain AA(f) Stable -
146 NIT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Sep-21 Maintain AAA(f) Stable -
147 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Energy Entity 10-Sep-21 Maintain A A1 Stable -
148 NIT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Sep-21 Maintain AA-(f) Stable -
149 NIT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 10-Sep-21 Maintain AA-(f) Stable -
150 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain AA(f) Stable -
151 Alhamra Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain AA-(f) Stable -
152 Pakistan Cash Management Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain AA+(f) Stable -
153 Bestway Cement Limited
Press Release | Report | History
Infrastructure Entity 09-Sep-21 Maintain AA- A1+ Stable -
154 Lakson Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain AA+(f) Stable -
155 Lakson Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain A+(f) Stable -
156 Pakistan Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain A+(f) Stable -
157 MCB DCF Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain AA-(f) Stable -
158 MCB Pakistan Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain AA-(f) Stable -
159 MCB Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain AA+(f) Stable -
160 Alhamra Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain AA-(f) Stable -
161 Pakistan Income Enhancement Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-21 Maintain A+(f) Stable -
162 Din Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 08-Sep-21 Initial A- A2 Stable -
163 AL Habib Capital Markets (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 07-Sep-21 Initial BMR2+ Stable -
164 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 07-Sep-21 Maintain A A1 Positive -
165 BMA Asset Management Company Limited
Press Release | Report | History
Capital Markets Asset Manager 06-Sep-21 Maintain AM4++ Stable Yes
166 First Habib Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Sep-21 Maintain AA(f) Stable -
167 AKD Aggressive Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Sep-21 Maintain A(f) Stable -
168 Nayatel (Pvt.) Limited
Press Release | Report | History
Communication Entity 04-Sep-21 Maintain A A1 Stable -
169 AKD Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Sep-21 Maintain AA+(f) Stable -
170 AKD Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Sep-21 Maintain A+(f) Stable -
171 First Habib Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Sep-21 Maintain AA(f) Stable -
172 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 03-Sep-21 Maintain BBB A2 Positive -
173 ThalNova Power Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 02-Sep-21 Initial A- A2 Stable -
174 The Hub Power Company Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 27-Aug-21 Maintain AA+ - Stable -
175 Lakson Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 27-Aug-21 Maintain AM2+ Stable -
176 Engro PowerGen Thar (Private) Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 27-Aug-21 Maintain A - Stable -
177 Ismail Iqbal Securities (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 27-Aug-21 Maintain BMR3 Stable -
178 BE Energy Limited
Press Release | Report | History
Energy Entity 27-Aug-21 Maintain A+ A1 Stable -
179 IGI Securities Limited | BFR
Press Release | Report | History
Capital Markets BFR 27-Aug-21 Initial BFR 2+ Stable -
180 TPL Corp Limited | PPCP
Press Release | Report | History
Holding Company Debt Instrument 27-Aug-21 Initial A A1 Stable -
181 Asia Insurance Company Limited
Press Release | Report | History
Insurance IFS 26-Aug-21 Upgrade A+ Stable -
182 Etimaad Engineering (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 26-Aug-21 Upgrade BBB+ A2 Stable -
183 Premier Insurance Limited
Press Release | Report | History
Insurance IFS 26-Aug-21 Maintain A Negative -
184 Atlas Insurance Limited
Press Release | Report | History
Insurance IFS 26-Aug-21 Maintain AA Stable -
185 Warble (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 26-Aug-21 Maintain BBB- A3 Stable -
186 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 26-Aug-21 Maintain BBB- A3 Stable -
187 Shaheen Insurance Company Limited
Press Release | Report | History
Insurance IFS 26-Aug-21 Maintain A Positive -
188 Byco Petroleum Pakistan Limited
Press Release | Report | History
Energy Entity 25-Aug-21 Maintain A- A2 Stable Yes
189 Fazal Rehman Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 25-Aug-21 Maintain A- A2 Positive -
190 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Aug-21 Maintain A- A2 Positive -
191 MAAKSONS ENGINEERING CORPORATION LIMITED
Press Release | Report | History
Infrastructure Entity 24-Aug-21 Maintain BBB+ A2 Stable -
192 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 23-Aug-21 Maintain BB+ A3 Stable -
193 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 23-Aug-21 Maintain BBB A2 Stable -
194 Tufail Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 23-Aug-21 Maintain A- A2 Stable -
195 AGAHE Pakistan
Press Release | Report | History
Banks Entity 21-Aug-21 Maintain BB+ A3 Positive Yes
196 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 20-Aug-21 Maintain BBB+ A2 Stable -
197 U Microfinance Bank Limited
Press Release | Report | History
Banks Entity 18-Aug-21 Maintain A A1 Stable Yes
198 U Microfinance Bank Limited | TFC
Press Release | Report | History
Banks Debt Instrument 18-Aug-21 Initial AA- - Stable -
199 Askari High Yield Scheme
Press Release | Report | History
Capital Markets Stability Rating 17-Aug-21 Maintain A(f) Stable -
200 Pak Elektron Limited | PP Sukuk
Press Release | Report | History
Consumers Goods & Services Debt Instrument 17-Aug-21 Preliminary A+ A1 Stable -
201 Pak Oman Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Aug-21 Maintain A+(f) Stable -
202 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Aug-21 Maintain A+(f) Stable -
203 National Transmission & Despatch Company Limited
Press Release | Report | History
Energy Entity 13-Aug-21 Maintain AA+ A1+ Stable -
204 Pak Suzuki Motor Company Limited
Press Release | Report | History
Auto and Allied Entity 11-Aug-21 Maintain AA- A1 Stable -
205 Ghani Chemical Industries Limited | Sukuk | Feb-17
Press Release | Report | History
Pharma and Chemicals Debt Instrument 11-Aug-21 Upgrade A Stable -
206 The Universal Insurance Company Limited
Press Release | Report | History
Insurance IFS 10-Aug-21 Maintain A- Stable -
207 The General Tyre & Rubber Company of Pakistan Limited
Press Release | Report | History
Auto and Allied Entity 10-Aug-21 Upgrade A+ A1 Stable -
208 JS Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 09-Aug-21 Maintain AM2 Stable -
209 AKD Opportunity Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Same 5-Star 5-Star Stable -
210 Pakistan Synthetics Limited
Press Release | Report | History
Consumers Goods & Services Entity 06-Aug-21 Maintain BBB+ A2 Stable -
211 Pak Oman Advantage Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Declined 2-Star 2-Star Stable -
212 NBP Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Improved 5-Star 4-Star Stable -
213 Mekotex (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-21 Maintain A- A2 Stable -
214 Al Rahim Textile Industries Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-21 Maintain A- A2 Stable -
215 NBP Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Declined 3-Star 4-Star Stable -
216 NBP Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Declined 3-Star 3-Star Stable -
217 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Declined 4-Star 3-Star Stable -
218 Lucky Electric Power Company Limited
Press Release | Report | History
Energy Entity 06-Aug-21 Maintain AA- A1 Stable -
219 NBP Islamic Active Allocation Equity Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Improved 5-Star 4-Star Stable -
220 Sadiq Oil Extraction (Pvt.) Ltd
Press Release | Report | History
Food and Allied Entity 06-Aug-21 Maintain BBB- A3 Stable -
221 Faysal Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Improved 5-Star 5-Star Stable -
222 NBP Balanced Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Declined 4-Star 2-Star Stable -
223 Eastern Garments (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-21 Maintain BBB+ A2 Stable -
224 AKD Islamic Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Improved 5-Star -
225 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Improved 2-Star 4-Star Stable -
226 Pak Oman Islamic Asset Allocation Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Improved 1-Star 2-Star Stable -
227 First Capital Mutual Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Improved 2-Star 3-Star Stable -
228 Golden Arrow Stock Fund (Formerly: Golden Arrow Selected Stocks Fund)
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Same 5-Star 5-Star Stable -
229 Faysal Stock Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Improved 4-Star 5-Star Stable -
230 Pak Oman Asset Management
Press Release | Report | History
Capital Markets Asset Manager 06-Aug-21 Upgrade AM3++ Stable -
231 Lakson Equity Fund
Press Release | Report | History
Capital Markets Performance Ranking 06-Aug-21 Withdraw - - -
232 AWT Investments Limited
Press Release | Report | History
Capital Markets Entity 05-Aug-21 Initial AM3++ Stable -
233 Fatima Fertilizer Company Limited | Sukuk
Press Release | Report | History
Agriculture & Allied Debt Instrument 05-Aug-21 Maintain AA- Stable -
234 Pak Arab Fertilizers Limited | TFC
Press Release | Report | History
Agriculture & Allied Debt Instrument 05-Aug-21 Maintain A- Developing Yes
235 Jahangir Siddiqui & Co. Ltd. | TFC XI | Mar-18
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-21 Maintain AA+ Stable -
236 Jahangir Siddiqui & Co. Ltd. | TFC X | Jul-17
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-21 Maintain AA+ Stable -
237 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 04-Aug-21 Maintain BBB A2 Stable -
238 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 04-Aug-21 Maintain BBB+ A2 Stable -
239 Fauji Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain AA+ A1+ Stable -
240 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 30-Jul-21 Upgrade A A2 Stable -
241 Fatima Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain AA- A1+ Stable -
242 Pak Arab Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain A- A2 Developing Yes
243 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Company Entity 30-Jul-21 Maintain AA A1+ Stable -
244 Honda Centre (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 29-Jul-21 Maintain BBB A2 Stable -
245 Engro Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 29-Jul-21 Maintain AA A1+ Stable -
246 Pakistan Oxygen Limited
Press Release | Report | History
Pharma and Chemicals Entity 29-Jul-21 Maintain A A1 Stable -
247 Gas & Oil Pakistan Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 26-Jul-21 Preliminary AA- - Stable -
248 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Insurance IFS 19-Jul-21 Maintain AAA Stable -
249 Sindh Engro Coal Mining Company
Press Release | Report | History
Energy Entity 19-Jul-21 Maintain AA A1+ Stable -
250 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 19-Jul-21 Initial BFR 2+ Stable -
251 ACT2 Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 19-Jul-21 Upgrade BBB+ A2 Stable -
252 Engro Polymer & Chemicals Limited | Sukuk | Jan 19
Press Release | Report | History
Pharma and Chemicals Debt Instrument 18-Jul-21 Maintain AA Stable -
253 Engro Polymer & Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain AA- A1+ Positive -
254 Nimir Resins Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain A- A2 Stable -
255 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain A+ A1 Stable -
256 Jamal Pipe Industries (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 16-Jul-21 Maintain BBB A2 Stable -
257 Askari Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 14-Jul-21 Maintain A- Stable -
258 Cedar Capital (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 12-Jul-21 Initial BMR3 Stable -
259 Liberty Mills Limited
Press Release | Report | History
Textile & Allied Entity 10-Jul-21 Maintain A+ A1 Stable -
260 Engro Elengy Terminal (Private) Limited
Press Release | Report | History
Energy Entity 06-Jul-21 Maintain AA- A1 Stable -
261 Pak Elektron Limited
Press Release | Report | History
Consumers Goods & Services Entity 06-Jul-21 Maintain A+ A1 Stable -
262 Amreli Steels Limited
Press Release | Report | History
Infrastructure Entity 05-Jul-21 Maintain A- A2 Stable -
263 TPL Trakker Limited | Sukuk-I | May-16
Press Release | Report | History
Logistics Debt Instrument 02-Jul-21 Maintain A+ Stable -
264 Kohat Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 01-Jul-21 Maintain A- A2 Stable -
265 Descon Oxychem Limited
Press Release | Report | History
Pharma and Chemicals Entity 01-Jul-21 Maintain A A1 Positive -
266 Saif Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 01-Jul-21 Maintain A- A2 Stable -
267 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Insurance IFS 30-Jun-21 Maintain A+ Stable -
268 GuarantCo Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 30-Jun-21 Maintain AAA A1+ Stable -
269 Bank AL Habib Limited | Tier-I | TFC VI | Dec-17
Press Release | Report | History
Banks Debt Instrument 29-Jun-21 Upgrade AA - Stable -
270 Adamjee Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 29-Jun-21 Maintain A+ Stable -
271 K-Electric Limited
Press Release | Report | History
Energy Entity 29-Jun-21 Maintain AA A1+ Stable -
272 TPL Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 29-Jun-21 Maintain A- Stable -
273 Bank AL Habib Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Banks Debt Instrument 29-Jun-21 Upgrade AA+ - Stable -
274 Dawood Family Takaful Limited
Press Release | Report | History
Insurance IFS 29-Jun-21 Maintain A Stable -
275 IGI Life Insurance Company
Press Release | Report | History
Insurance IFS 29-Jun-21 Maintain A+ Stable -
276 Pakistan Kuwait Investment Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 29-Jun-21 Maintain AAA A1+ Stable -
277 Chanar Energy Limited
Press Release | Report | History
Energy Entity 28-Jun-21 Maintain BBB- A3 Negative Yes
278 First Women Bank Limited
Press Release | Report | History
Banks Entity 28-Jun-21 Maintain A- A2 Stable Yes
279 Bank Alfalah Limited
Press Release | Report | History
Banks Entity 26-Jun-21 Maintain AA+ A1+ Stable -
280 Faysal Bank Limited
Press Release | Report | History
Banks Entity 26-Jun-21 Maintain AA A1+ Stable -
281 The Bank of Khyber
Press Release | Report | History
Banks Entity 26-Jun-21 Maintain A A1 Stable -
282 Bank AL Habib Limited
Press Release | Report | History
Banks Entity 26-Jun-21 Upgrade AAA A1+ Stable -
283 JS Bank Limited | PPTFC | Dec-16
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A+ - Stable -
284 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 25-Jun-21 Initial BFR 2 Stable -
285 Nishat Hotels and Properties Ltd
Press Release | Report | History
Consumers Goods & Services Entity 25-Jun-21 Maintain A- A2 Stable Yes
286 Pak-Libya Holding Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-21 Maintain AA- A1+ Positive -
287 Pakistan Microfinance Investment Company Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-21 Maintain AA A1+ Stable Yes
288 AlBaraka Bank (Pakistan) Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain A A1 Stable -
289 Dawood Hercules Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-21 Maintain AA A1+ Stable -
290 Soneri Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AA- A1+ Stable -
291 Roomi Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 25-Jun-21 Maintain A- A2 Stable Yes
292 Askari Bank Limited | TFC VI ( Additional Tier I ) | Jul-18
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain AA- - Stable -
293 EFU General Insurance Limited
Press Release | Report | History
Insurance IFS 25-Jun-21 Maintain AA+ Stable -
294 Standard Chartered Bank (Pakistan) Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AAA A1+ Stable -
295 Askari Bank Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain AA - Stable -
296 Mahmood Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Jun-21 Maintain A- A2 Stable -
297 Habib Metropolitan Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AA+ A1+ Stable -
298 ACT Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 25-Jun-21 Maintain A A1 Positive -
299 The Bank of Punjab | TFC I | Dec-16
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Upgrade AA - Stable -
300 JS Bank Limited | TFC Tier 1
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A - Stable -
301 Askari Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AA+ A1+ Stable -
302 The Bank of Punjab | TFC II | April-18
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Upgrade AA - Stable -
303 Soneri Bank Limited | TFC II | Jul-15
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A+ - Stable -
304 Cedar Capital (Pvt.) Limited | BFR
Press Release | Report | History
Capital Markets BFR 25-Jun-21 Initial BFR 3 Stable -
305 JS Bank Limited | TFC II
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A+ - Stable -
306 BankIslami Pakistan Limited | Modaraba Sukuk
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A- - Stable -
307 PAIR Investment Company Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-21 Maintain AA A1+ Stable -
308 Engro Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-21 Maintain AA+ A1+ Stable -
309 Soneri Bank Limited | Tier 1 TFC
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A - Stable -
310 Pioneer Cement Limited
Press Release | Report | History
Infrastructure Entity 25-Jun-21 Maintain A A2 Negative -
311 National Bank of Pakistan
Press Release | Report | History
Banks Entity 25-Jun-21 Maintain AAA A1+ Stable -
312 Siddiqsons Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-21 Maintain A- A1 Stable Yes
313 Reliance Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-21 Maintain A- A2 Positive -
314 BankIslami Pakistan Limited
Press Release | Report | History
Banks Entity 24-Jun-21 Maintain A+ A1 Positive -
315 E-Vision Manufacturing Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-21 Maintain BBB A2 Stable -
316 Ghani Chemical Industries Limited | ICP
Press Release | Report | History
Pharma and Chemicals Debt Instrument 24-Jun-21 Preliminary A A1 Stable -
317 JS Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain AA- A1+ Stable -
318 MCB Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain AAA A1+ Stable -
319 Narowal Energy Limited
Press Release | Report | History
Energy Entity 23-Jun-21 Maintain AA- A1+ Stable -
320 NBP Fund Management Limited
Press Release | Report | History
Capital Markets Asset Manager 23-Jun-21 Maintain AM1 Stable -
321 Master Green Energy Limited
Press Release | Report | History
Energy Entity 23-Jun-21 Maintain A A1 Developing Yes
322 Allied Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain AAA A1+ Stable -
323 MCB Islamic Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-21 Maintain A A1 Stable -
324 Al Meezan Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 23-Jun-21 Maintain AM1 Stable -
325 Olympia Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 21-Jun-21 Initial A- A1 Stable -
326 The Hub Power Company Limited
Press Release | Report | History
Energy Entity 21-Jun-21 Maintain AA+ A1+ Stable -
327 Alfalah Insurance Company Limited
Press Release | Report | History
Insurance IFS 18-Jun-21 Upgrade AA Stable -
328 The Bank of Punjab
Press Release | Report | History
Banks Entity 18-Jun-21 Upgrade AA+ A1+ Stable -
329 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Jun-21 Initial BBB+ A2 Stable -
330 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Jun-21 Initial BBB+ A2 Stable -
331 Packages Limited
Press Release | Report | History
Holding Company Entity 16-Jun-21 Maintain AA A1+ Stable -
332 Ghani Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Jun-21 Upgrade A A1 Stable -
333 Avanceon Limited
Press Release | Report | History
Engineering and Technology Entity 11-Jun-21 Initial A- A2 Stable -
334 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Logistics Entity 10-Jun-21 Maintain AAA A1+ Stable -
335 LOTTE Kolson (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 09-Jun-21 Maintain A- A2 Stable -
336 Pakistan Refinery Limited
Press Release | Report | History
Energy Entity 09-Jun-21 Maintain A- A2 Stable Yes
337 TPL Trakker Limited | Sukuk
Press Release | Report | History
Logistics Debt Instrument 07-Jun-21 Initial A+ Stable -
338 Gas & Oil Pakistan Limited
Press Release | Report | History
Energy Entity 04-Jun-21 Maintain A+ A1 Stable -
339 Martin Dow Marker Limited
Press Release | Report | History
Pharma and Chemicals Entity 04-Jun-21 Initial A+ A1 Stable -
340 Hub Power Holdings Limited | Sukuk
Press Release | Report | History
Holding Company Debt Instrument 04-Jun-21 Maintain AA+ - Stable -
341 Panther Tyres Limited
Press Release | Report | History
Auto and Allied Entity 01-Jun-21 Maintain A A1 Stable -
342 National Refinery Limited
Press Release | Report | History
Energy Entity 28-May-21 Maintain AA+ A1+ Negative -
343 Attock Refinery Limited
Press Release | Report | History
Energy Entity 27-May-21 Maintain AA A1+ Negative Yes
344 KTRADE Securities Limited (Formerly: Khadim Ali Shah Bukhari Securities) | BFR
Press Release | Report | History
Capital Markets BFR 26-May-21 Initial BFR 3+ Stable -
345 Pakistan Mobile Communications Limited
Press Release | Report | History
Communication Entity 26-May-21 Upgrade AA A1 Stable -
346 National Investment Trust Limited
Press Release | Report | History
Capital Markets Asset Manager 24-May-21 Upgrade AM1 Stable -
347 Hub Power Holdings Limited
Press Release | Report | History
Holding Company Entity 21-May-21 Maintain AA A1+ Stable -
348 Samba Bank Limited | PPTFC
Press Release | Report | History
Banks Debt Instrument 21-May-21 Initial AA- - Stable -
349 Sitara Petroleum Service (Pvt.) Limited
Press Release | Report | History
Energy Entity 19-May-21 Maintain A- A2 Stable -
350 TPL Corp Limited
Press Release | Report | History
Holding Company Entity 18-May-21 Maintain A A1 Stable -
351 Nishat Mills Limited
Press Release | Report | History
Textile & Allied Entity 08-May-21 Maintain AA A1+ Stable -
352 Flying Cement Company Limited
Press Release | Report | History
Infrastructure Entity 07-May-21 Maintain A- A2 Stable Yes
353 TPL Properties Limited
Press Release | Report | History
Infrastructure Entity 07-May-21 Maintain A+ A1 Stable -
354 AL Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 07-May-21 Maintain BBB A2 Stable Yes
355 Sefam (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 07-May-21 Maintain A- A2 Positive -
356 TPL Insurance Limited
Press Release | Report | History
Insurance IFS 07-May-21 Upgrade AA- Stable -
357 Infra Zamin Pakistan Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 04-May-21 Initial AAA A1+ Stable -
358 Alfalah CLSA Securities (Pvt.) Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 04-May-21 Maintain BMR2+ Stable -
359 Alfalah CLSA Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 04-May-21 Maintain A- A1 Stable -
360 EcoPack Limited
Press Release | Report | History
Consumers Goods & Services Entity 30-Apr-21 Maintain BBB+ A2 Negative Yes
361 Telenor Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain A+ A1 Negative -
362 Shahzad Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 30-Apr-21 Maintain BBB+ A2 Stable Yes
363 NRSP Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain A A1 Stable Yes
364 Mobilink Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain A A1 Positive -
365 Apna Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-21 Maintain BBB+ A3 Stable Yes
366 The United Insurance Company of Pakistan Limited
Press Release | Report | History
Insurance IFS 30-Apr-21 Maintain AA Stable -
367 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 29-Apr-21 Initial BBB A2 Stable -
368 Rustam Towel (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 29-Apr-21 Upgrade BBB A2 Stable -
369 FINCA Microfinance Bank Limited
Press Release | Report | History
Banks Entity 28-Apr-21 Maintain A A1 Stable Yes
370 Mughal Iron & Steel Industries Limited | PP Sukuk
Press Release | Report | History
Infrastructure Debt Instrument 28-Apr-21 Initial A+ - Stable -
371 Allawasaya Spinning Mills (Pvt) Limited
Press Release | Report | History
Textile & Allied Entity 26-Apr-21 Maintain BB+ A3 Stable Yes
372 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 26-Apr-21 Maintain BBB- A3 Stable Yes
373 Masood Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 26-Apr-21 Maintain A- A2 Stable Yes
374 Shajar Capital Pakistan (Pvt.) Limited
Press Release | Report | History
Capital Markets Broker Management 23-Apr-21 Maintain BMR3 Stable -
375 SAFCO Support Foundation
Press Release | Report | History
Banks Entity 23-Apr-21 Maintain BBB A3 Stable Yes
376 Diamond Tyres Limited
Press Release | Report | History
Auto and Allied Entity 22-Apr-21 Initial A- A2 Stable -
377 National Foods Limited
Press Release | Report | History
Food and Allied Entity 19-Apr-21 Initial AA- A1 Stable -
378 SPI Insurance Company Limited
Press Release | Report | History
Insurance IFS 19-Apr-21 Maintain A Stable Yes
379 The Hub Power Company Limited | Sukuk
Press Release | Report | History
Energy Debt Instrument 16-Apr-21 Maintain AA+ - Stable -
380 Pakistan Mortgage Refinance Company Limited | PP Sukuk
Press Release | Report | History
Development Institutions Debt Instrument 16-Apr-21 Initial AAA - Stable -
381 Oasis Park Residencia
Press Release | Report | History
Infrastructure Project Grading 13-Apr-21 Initial PG3 Stable -
382 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 12-Apr-21 Maintain A+ A1 Stable -
383 Cherat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 10-Apr-21 Maintain A A1 Positive -
384 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 09-Apr-21 Maintain A- A2 Stable -
385 Sindh Microfinance Bank Limited
Press Release | Report | History
Banks Entity 09-Apr-21 Maintain A- A2 Stable Yes
386 Masood Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 07-Apr-21 Maintain BBB+ A2 Stable Yes
387 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 07-Apr-21 Maintain A- A2 Stable -
388 SME Leasing Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 06-Apr-21 Downgrade B- A4 Negative Yes
389 Escorts Investment Bank Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 05-Apr-21 Maintain A- A2 Stable -
390 First Capital Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 05-Apr-21 Maintain AM4++ Stable -
391 Gharibwal Cement Limited
Press Release | Report | History
Infrastructure Entity 02-Apr-21 Upgrade A A2 Stable -
392 Fecto Cement Limited
Press Release | Report | History
Infrastructure Entity 02-Apr-21 Maintain A- A2 Stable Yes
393 Sargodha Jute Mills Limited
Press Release | Report | History
Textile & Allied Entity 31-Mar-21 Maintain A- A2 Stable -
394 Saif Power Limited
Press Release | Report | History
Energy Entity 30-Mar-21 Maintain A+ A1 Stable -
395 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 29-Mar-21 Maintain BBB- A3 Stable Yes
396 Kohinoor Energy Limited
Press Release | Report | History
Energy Entity 26-Mar-21 Maintain AA A1+ Stable -
397 Modaraba Al-Mali
Press Release | Report | History
Non Banking Financial Institutes Entity 26-Mar-21 Maintain BBB+ A2 Developing Yes
398 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 25-Mar-21 Initial A- A2 Stable -
399 Pakistan Services Limited | Sukuk | Mar-18
Press Release | Report | History
Consumers Goods & Services Debt Instrument 24-Mar-21 Maintain A - Negative Yes
400 Pakistan Services Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Mar-21 Maintain A A1 Negative Yes
401 Halmore Power Generation Company Limited
Press Release | Report | History
Energy Entity 24-Mar-21 Maintain A+ A1 Stable -
402 Descon Engineering Limited
Press Release | Report | History
Infrastructure Entity 20-Mar-21 Initial AA- A1 Stable -
403 Unicol Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Mar-21 Initial A A1 Stable -
404 Maksons Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 18-Mar-21 Upgrade BBB- A2 Stable -
405 Reliance Petrochem Industries (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 16-Mar-21 Upgrade BBB+ A2 Stable -
406 Zahir Khan & Brothers
Press Release | Report | History
Infrastructure Entity 10-Mar-21 Maintain A A2 Stable -
407 ORIX Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 04-Mar-21 Maintain AA A1+ Stable -
408 Shujabad Agro Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 04-Mar-21 Upgrade A- A2 Stable -
409 Liberty Wind Power 1 Limited
Press Release | Report | History
Energy Entity 04-Mar-21 Initial A- A2 Stable -
410 D.G. Khan Cement Company Limited
Press Release | Report | History
Infrastructure Entity 04-Mar-21 Maintain AA- A1+ Stable -
411 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Communication Entity 04-Mar-21 Upgrade BBB+ A2 Stable -
412 Liberty Wind Power 2 Limited
Press Release | Report | History
Energy Entity 04-Mar-21 Initial A- A2 Stable -
413 Alfalah GHP Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 03-Mar-21 Maintain AM2+ Stable -
414 ORIX Leasing Pakistan Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 03-Mar-21 Maintain AA+ A1+ Stable -
415 Adamjee Insurance Company Limited
Press Release | Report | History
Insurance IFS 02-Mar-21 Maintain AA+ Stable -
416 Sapphire Electric Company Limited
Press Release | Report | History
Energy Entity 26-Feb-21 Maintain AA- A1+ Stable -
417 Oursun Pakistan Limited
Press Release | Report | History
Energy Entity 26-Feb-21 Upgrade A A1 Stable -
418 IGI General Insurance Limited
Press Release | Report | History
Insurance IFS 26-Feb-21 Maintain AA Stable -
419 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Energy Entity 25-Feb-21 Upgrade A A2 Stable -
420 Pak Qatar General Takaful Limited
Press Release | Report | History
Insurance IFS 24-Feb-21 Maintain A Stable -
421 Sindh Insurance Limited
Press Release | Report | History
Insurance IFS 24-Feb-21 Maintain A+ Stable -
422 Maqbool Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 20-Feb-21 Maintain BBB+ A2 Stable -
423 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Feb-21 Maintain BBB A2 Stable -
424 Gul Ahmed Electric Limited
Press Release | Report | History
Energy Entity 19-Feb-21 Upgrade A- A2 Stable -
425 Nishat Paper Products Company Limited
Press Release | Report | History
Consumers Goods & Services Entity 17-Feb-21 Initial A A1 Stable -
426 Bank Alfalah Limited | TFCs | Series A
Press Release | Report | History
Banks Debt Instrument 16-Feb-21 Initial AAA Stable -
427 Askari General Insurance Company Limited
Press Release | Report | History
Insurance IFS 16-Feb-21 Maintain AA Stable -
428 Kohat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 12-Feb-21 Maintain A A1 Stable -
429 Punjab Oil Mills Limited
Press Release | Report | History
Food and Allied Entity 11-Feb-21 Maintain BBB+ A2 Stable -
430 EGAS (Pvt.) Limited
Press Release | Report | History
Energy Entity 10-Feb-21 Maintain BBB A2 Stable -
431 Hi-Tech Edible Oils (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 09-Feb-21 Maintain BBB A2 Stable -
432 Ibrahim Fibres Limited
Press Release | Report | History
Textile & Allied Entity 08-Feb-21 Maintain AA A1+ Stable -
433 AKD Investment Management Limited
Press Release | Report | History
Capital Markets Asset Manager 08-Feb-21 Maintain AM3++ Stable -
434 Loads Limited
Press Release | Report | History
Auto and Allied Entity 06-Feb-21 Maintain A A1 Stable -
435 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 03-Feb-21 Maintain A- A1 Stable -
436 WAPDA | PPTFC | May-17
Press Release | Report | History
Energy Debt Instrument 02-Feb-21 Maintain AAA - Stable Yes
437 WAPDA | Sukuk | May-17
Press Release | Report | History
Energy Debt Instrument 02-Feb-21 Maintain AAA - Stable Yes
438 WAPDA | PPTFC | Sep-13
Press Release | Report | History
Energy Debt Instrument 02-Feb-21 Maintain AAA - Stable Yes
439 KSB Pumps Company Limited
Press Release | Report | History
Engineering and Technology Entity 01-Feb-21 Initial A+ A1 Stable -
440 Foundation Power Company Daharki Limited
Press Release | Report | History
Energy Entity 01-Feb-21 Maintain AA- A1+ Stable -
441 Salaam Takaful Limited (Formerly: Takaful Pakistan Limited)
Press Release | Report | History
Insurance IFS 01-Feb-21 Upgrade A Stable -
442 Crescent Star Insurance Limited
Press Release | Report | History
Insurance IFS 29-Jan-21 Maintain A- Stable Yes
443 Toyota Jinnah Motors (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 18-Jan-21 Maintain BBB A2 Stable Yes
444 H. Sheikh Noor-ud-Din & Sons (Private) Limited
Press Release | Report | History
Textile & Allied Entity 18-Jan-21 Maintain BBB A2 Negative Yes
445 Spud Energy Pty Limited (Pakistan Branch)
Press Release | Report | History
Energy Entity 15-Jan-21 Upgrade A A1 Stable -
446 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Food and Allied Entity 09-Jan-21 Initial BBB- A3 Stable -
447 ISE Towers REIT Management Company Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 07-Jan-21 Initial A A1 Stable -
448 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 01-Jan-21 Upgrade AA+ A1+ Stable -
449 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 31-Dec-20 Initial A- A2 Stable -
450 Zaver Petroleum Corporation (Pvt.) Limited
Press Release | Report | History
Energy Entity 30-Dec-20 Initial A- A2 Stable -
451 Tufail Chemical & Surfactants (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 30-Dec-20 Maintain A- A2 Stable -
452 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 30-Dec-20 Maintain AA- A1 Stable -
453 EFG Hermes Pakistan Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 24-Dec-20 Maintain BMR2+ Stable -
454 Sui Southern Gas Company Limited
Press Release | Report | History
Energy Entity 24-Dec-20 Maintain A+ A1 Negative Yes
455 Siddiqsons Tinplate Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Dec-20 Maintain A- A2 Stable -
456 Usmani International Associates (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 24-Dec-20 Maintain BB+ A3 Stable -
457 Pakistan National Shipping Corporation
Press Release | Report | History
Logistics Entity 24-Dec-20 Maintain AA A1+ Stable -
458 786 Investments Limited
Press Release | Report | History
Capital Markets Asset Manager 24-Dec-20 Maintain AM3 Stable -
459 Atlas Asset Management Limited
Press Release | Report | History
Capital Markets Asset Manager 24-Dec-20 Maintain AM2+ Stable -
460 United Ethanol Industries Limited
Press Release | Report | History
Agriculture & Allied Entity 24-Dec-20 Maintain A- A2 Stable -
461 EFG Hermes Pakistan Limited
Press Release | Report | History
Capital Markets Entity 24-Dec-20 Maintain A- A1 Stable -
462 Cherat Packaging Limited
Press Release | Report | History
Consumers Goods & Services Entity 23-Dec-20 Maintain A A1 Stable -
463 TPL Trakker Limited
Press Release | Report | History
Logistics Entity 23-Dec-20 Maintain A- A2 Stable -
464 Orient Petroleum Inc. (Pakistan Branch)
Press Release | Report | History
Energy Entity 22-Dec-20 Initial A- A2 Stable -
465 IGI Holdings Limited
Press Release | Report | History
Holding Company Entity 18-Dec-20 Maintain AA A1+ Stable -
466 Arif Habib Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 18-Dec-20 Maintain BMR1 Stable -
467 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 18-Dec-20 Upgrade BBB+ A2 Stable -
468 Ismail Industries Limited
Press Release | Report | History
Food and Allied Entity 14-Dec-20 Maintain A A1 Stable -
469 JS Global Capital Limited | BMR
Press Release | Report | History
Capital Markets Broker Management 14-Dec-20 Maintain BMR1 Stable -
470 Khaadi Pakistan (SMC-Pvt) Limited
Press Release | Report | History
Textile & Allied Entity 14-Dec-20 Initial A- A2 Stable -
471 Mega Conglomerate (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 14-Dec-20 Maintain AA- A1 Stable -
472 JS Global Capital Limited
Press Release | Report | History
Capital Markets Entity 14-Dec-20 Maintain AA A1+ Stable -
473 Pak Arab Refinery Limited
Press Release | Report | History
Energy Entity 10-Dec-20 Maintain AAA A1+ Stable -
474 Habib Insurance Company Limited
Press Release | Report | History
Insurance IFS 09-Dec-20 Maintain A+ Stable -