Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Ibrahim Fibres Limited
Press Release | Report | History
Polyester Entity 08-Feb-23 Maintain AA A1+ Stable -
2 Pak Qatar General Takaful Limited
Press Release | Report | History
General Insurance IFS 08-Feb-23 Maintain A+ (ifs) Stable -
3 Denim-E (Pvt.) Limited
Press Release | Report | History
Composite Entity 07-Feb-23 Maintain BBB- A2 Stable -
4 K-Electric | PPSTS-13 | PKR 5bln | TBI
Press Release | Report | History
Power Debt Instrument 06-Feb-23 Preliminary AA A1+ Stable -
5 K-Electric | PPSTS-12 | PKR 5bln | Dec-22
Press Release | Report | History
Power Debt Instrument 02-Feb-23 Initial AA A1+ Stable -
6 Mobilink Microfinance Bank Limited | PPTFC | Dec-22
Press Release | Report | History
Microfinance Debt Instrument 02-Feb-23 Initial A- - Stable -
7 China Power Hub Generation Company (Pvt.) Limited | PPSTS-2 | PKR 5bln | Dec-22
Press Release | Report | History
Power Debt Instrument 02-Feb-23 Initial AA+ A1+ Stable -
8 Sabirs' Vegetable Oils (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 02-Feb-23 Maintain BBB- A3 Stable -
9 Lucky Electric Power Company Limited | PPSTS-6 | PKR 4bln | Dec-22
Press Release | Report | History
Power Debt Instrument 02-Feb-23 Initial AA A1+ Stable -
10 Salaam Takaful Limited (Formerly: Takaful Pakistan Limited)
Press Release | Report | History
General Insurance IFS 01-Feb-23 Maintain A++ (ifs) Stable -
11 Soneri Bank Limited | Tier 2 Capital TFC | PKR 4bln | Dec'22
Press Release | Report | History
Commercial Bank Debt Instrument 01-Feb-23 Initial A+ Stable -
12 Techno Time Construction (Pvt.) Limited
Press Release | Report | History
Construction Entity 31-Jan-23 Maintain BBB A2 Stable -
13 Jasons Commodities
Press Release | Report | History
Rice Entity 31-Jan-23 Maintain BBB- A2 Stable -
14 Sui Southern Gas Company Limited
Press Release | Report | History
Distribution | Gas Entity 31-Jan-23 Upgrade A+ A1 Stable Yes
15 Zahir Khan & Brothers
Press Release | Report | History
Construction Entity 31-Jan-23 Maintain A A2 Stable -
16 Sindh Insurance Limited
Press Release | Report | History
General Insurance IFS 31-Jan-23 Maintain A++ (ifs) Stable -
17 Sitara Heights (Pvt.) Limited
Press Release | Report | History
Real Estate Entity 31-Jan-23 Maintain A- A2 Stable Yes
18 Khushhali Microfinance Bank Limited | PPTFC | PKR 1.5bln | Jun-22
Press Release | Report | History
Microfinance Debt Instrument 30-Jan-23 Downgrade BB Developing Yes
19 Ghani Chemical Industries Limited | PP Sukuk | PKR 800mln | TBI
Press Release | Report | History
Industrial Gases Debt Instrument 27-Jan-23 Preliminary A Stable -
20 Crescent Star Insurance Limited
Press Release | Report | History
General Insurance IFS 27-Jan-23 Maintain A (ifs) Stable Yes
21 Al Barka Fabrics (Pvt.) Limited
Press Release | Report | History
Composite Entity 27-Jan-23 Maintain BBB+ A2 Stable -
22 Loads Limited | ICP-1 | Dec-22
Press Release | Report | History
Automotive Parts Debt Instrument 27-Jan-23 Initial A A1 Stable -
23 Latif Textile Mills (Pvt.) Limited
Press Release | Report | History
Composite Entity 27-Jan-23 Maintain BBB- A2 Stable -
24 KAM International
Press Release | Report | History
Composite Entity 27-Jan-23 Maintain A- A2 Stable -
25 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 26-Jan-23 Maintain A- A1 Stable -
26 Nishat Mills Limited | PPSTS
Press Release | Report | History
Composite Debt Instrument 26-Jan-23 Initial AA A1+ Stable -
27 Kohat Cement Company Limited
Press Release | Report | History
Cement Entity 26-Jan-23 Maintain A A1 Positive -
28 Mughal Iron & Steel Industries Limited | PP Sukuk | PKR 5bln | TBI
Press Release | Report | History
Steel Debt Instrument 25-Jan-23 Preliminary AA- - Stable -
29 Ali Embroidery Mills (Pvt.) Limited
Press Release | Report | History
Composite Entity 23-Jan-23 Initial BBB A2 Stable -
30 Oursun Pakistan Limited
Press Release | Report | History
Power Entity 23-Jan-23 Maintain A A1 Stable -
31 Fatima Fertilizer Company Limited
Press Release | Report | History
Fertilizer Entity 20-Jan-23 Upgrade AA+ A1+ Stable -
32 Usman Steels (Pvt.) Limited
Press Release | Report | History
Shipping Entity 20-Jan-23 Maintain BBB A2 Stable -
33 H. Sheikh Noor-ud-Din & Sons (Private) Limited
Press Release | Report | History
Relief Entity 18-Jan-23 Maintain BBB A2 Stable -
34 Toyota Jinnah Motors (Pvt.) Limited
Press Release | Report | History
Passenger Cars Entity 18-Jan-23 Maintain BBB A2 Stable -
35 ACT2 Din Wind (Pvt) Limited ( formerly: ACT2 Wind (Pvt.) Limited )
Press Release | Report | History
Power Entity 18-Jan-23 Upgrade A- A2 Stable -
36 Al-Khair Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 18-Jan-23 Upgrade BBB A2 Stable -
37 BRB Properties Builders and Developers
Press Release | Report | History
Real Estate Entity 17-Jan-23 Maintain BB+ A3 Stable -
38 Dynamic Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 17-Jan-23 Initial BBB A2 Stable -
39 Loads Limited
Press Release | Report | History
Automotive Parts Entity 16-Jan-23 Maintain A A1 Negative Yes
40 Spud Energy Pty Limited (Pakistan Branch)
Press Release | Report | History
Oil Exploration & Production Entity 13-Jan-23 Maintain A A1 Stable -
41 Ahmed Hassan Spinning Limited
Press Release | Report | History
Spinning Entity 11-Jan-23 Maintain BBB A2 Negative Yes
42 Foundation Power Company Daharki Limited
Press Release | Report | History
Power Entity 06-Jan-23 Maintain AA- A1+ Stable -
43 ISE Towers REIT Management Company Limited
Press Release | Report | History
Modaraba & NBFCs Entity 06-Jan-23 Maintain A A1 Stable -
44 Multi Resin Industries
Press Release | Report | History
Chemical Entity 03-Jan-23 Maintain BBB- A2 Stable -
45 JS Rental REIT
Press Release | Report | History
Real Estate Rental REIT Fund 03-Jan-23 Initial A+(rr) Stable -
46 Sayban International
Press Release | Report | History
Pesticides Entity 31-Dec-22 Upgrade BBB- A2 Stable -
47 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Composite Entity 31-Dec-22 Maintain A- A2 Stable -
48 Reliance Insurance Company Limited
Press Release | Report | History
General Insurance IFS 30-Dec-22 Initial A+ (ifs) Stable -
49 Azhar Corporation (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 30-Dec-22 Maintain BBB A2 Stable -
50 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Furniture & Fixtures Entity 30-Dec-22 Maintain A- A2 Stable -
51 Novapack (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 30-Dec-22 Initial BBB- A3 Stable -
52 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Power Entity 30-Dec-22 Maintain AA+ A1+ Stable -
53 Alhamra Wada Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Initial AA(f) Stable -
54 Pak Oman Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Maintain AA(f) Stable -
55 MCB Pakistan Fixed Return Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Initial AA+(f) Stable -
56 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharmaceutical Entity 30-Dec-22 Maintain AA- A1 Stable -
57 Ahmad Hassan Textile Mills Limited
Press Release | Report | History
Weaving Entity 30-Dec-22 Initial BBB+ A2 Stable -
58 AL Habib Islamic Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Initial AA+(f) Stable -
59 AL Habib Islamic Savings Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 30-Dec-22 Initial AA(f) Stable -
60 Allah Tawaqal Metals (Pvt.) Limited
Press Release | Report | History
Steel Entity 28-Dec-22 Upgrade BB+ A3 Stable -
61 Cherat Cement Company Limited
Press Release | Report | History
Cement Entity 28-Dec-22 Maintain A+ A1 Stable -
62 HBL Microfinance Bank (The First MicroFinanceBank Limited)
Press Release | Report | History
Microfinance Entity 28-Dec-22 Maintain A+ A1 Stable -
63 Al Rahim Textile Industries Limited
Press Release | Report | History
Towel Entity 28-Dec-22 Upgrade A A1 Stable -
64 Pak Elektron Limited | PP Sukuk
Press Release | Report | History
Household Appliances Debt Instrument 28-Dec-22 Maintain A+ A1 Stable -
65 JS Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 27-Dec-22 Upgrade AM2+ Stable -
66 EFG Hermes Pakistan Limited
Press Release | Report | History
Brokerage & Securities Entity 23-Dec-22 Maintain A- A1 Stable -
67 Siddiqsons Tinplate Limited
Press Release | Report | History
Paper and Packaging Entity 23-Dec-22 Maintain A- A2 Stable -
68 TPL REIT Management Company Limited
Press Release | Report | History
Real Estate REIT Manager Rating 23-Dec-22 Maintain RM 3+ Stable -
69 786 Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 23-Dec-22 Maintain AM3 Stable -
70 TPL REIT Fund I
Press Release | Report | History
Real Estate REIT Fund Rating 23-Dec-22 Initial RFR 3+ Stable -
71 Atlas Asset Management Limited
Press Release | Report | History
Asset Managers Asset Manager 23-Dec-22 Maintain AM2+ Stable -
72 Tariq Glass Industries Limited
Press Release | Report | History
Entity 23-Dec-22 Maintain A+ A1 Stable -
73 TOTAL PARCO Pakistan Limited
Press Release | Report | History
Oil Marketing Companies Entity 23-Dec-22 Initial AAA A1+ Stable -
74 Pakistan National Shipping Corporation
Press Release | Report | History
Shipping Entity 23-Dec-22 Maintain AA A1+ Stable -
75 EFG Hermes Pakistan Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 23-Dec-22 Maintain BMR2+ Stable -
76 TPL Trakker Limited
Press Release | Report | History
Tracking Services Entity 23-Dec-22 Maintain A- A2 Stable -
77 Reliance Weaving Mills Limited
Press Release | Report | History
Composite Entity 23-Dec-22 Maintain A A2 Stable -
78 Cherat Packaging Limited
Press Release | Report | History
Paper and Packaging Entity 23-Dec-22 Maintain A A1 Positive -
79 EFG Hermes Pakistan Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 23-Dec-22 Maintain BFR 2+ Stable -
80 United Ethanol Industries Limited
Press Release | Report | History
Sugar Entity 22-Dec-22 Maintain A- A2 Stable -
81 EXIDE Pakistan Limited
Press Release | Report | History
Entity 22-Dec-22 Maintain BBB A2 Stable -
82 NRSP Microfinance Bank Limited | Tier II TFC
Press Release | Report | History
Microfinance Debt Instrument 21-Dec-22 Maintain A- - Negative Yes
83 Swat Agro Chemicals
Press Release | Report | History
Pesticides Entity 21-Dec-22 Initial BBB- A2 Stable -
84 Orient Petroleum Inc. (Pakistan Branch)
Press Release | Report | History
Oil Exploration & Production Entity 21-Dec-22 Maintain A- A2 Stable -
85 Lucky Electric Power Company Limited | PPSTS-7 | PKR 5bln | TBI
Press Release | Report | History
Power Debt Instrument 21-Dec-22 Preliminary AA A1+ Stable -
86 Zaver Petroleum Corporation (Pvt.) Limited
Press Release | Report | History
Oil Exploration & Production Entity 21-Dec-22 Maintain A- A2 Stable -
87 U Microfinance Bank Limited | TFC | Dec-22
Press Release | Report | History
Microfinance Debt Instrument 20-Dec-22 Preliminary AA- Stable -
88 IGI Holdings Limited
Press Release | Report | History
Holding Company Entity 16-Dec-22 Maintain AA A1+ Stable -
89 Lucky Electric Power Company Limited | PPSTS-4 | PKR 5bln | Sep-22
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Initial AA A1+ Stable -
90 Lucky Electric Power Company Limited | PPCP-2 | PKR 6bln | Nov-22
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Initial AA A1+ Stable -
91 Arif Habib Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 16-Dec-22 Maintain BMR1 Stable -
92 WAPDA | PPTFC | May-17
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Maintain AAA Stable -
93 Lucky Electric Power Company Limited | PPSTS-5 | PKR 7bln | Oct-22
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Initial AA A1+ Stable -
94 WAPDA | Sukuk | May-17
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Maintain AAA Stable -
95 Arif Habib Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 16-Dec-22 Maintain BFR 1 Stable -
96 MACPAC Films Limited
Press Release | Report | History
Paper and Packaging Entity 16-Dec-22 Maintain BBB A2 Stable -
97 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Construction Entity 15-Dec-22 Upgrade A- A2 Stable -
98 UBL Special Savings Plan – IV under UBL Special Savings Fund (USSP-IV)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
99 Mega Conglomerate (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 14-Dec-22 Maintain AA- A1 Stable -
100 Khaadi Pakistan (SMC-Pvt) Limited
Press Release | Report | History
Composite Entity 14-Dec-22 Maintain A- A2 Positive -
101 NRSP Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 14-Dec-22 Downgrade A- A2 Negative Yes
102 Sapphire Retail Limited
Press Release | Report | History
Composite Entity 14-Dec-22 Maintain A- A2 Stable -
103 UBL Special Savings Plan – VI under UBL Special Savings Fund (USSP-VI)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
104 UBL Special Savings Plan – II under UBL Special Savings Fund (USSP-II)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
105 JS Global Capital Limited
Press Release | Report | History
Brokerage & Securities Entity 14-Dec-22 Maintain AA A1+ Stable -
106 JS Global Capital Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 14-Dec-22 Maintain BMR1 Stable -
107 JS Global Capital Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 14-Dec-22 Maintain BFR 1 Stable -
108 UBL Special Savings Plan – V under UBL Special Savings Fund (USSP-V)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
109 UBL Special Savings Plan – III under UBL Special Savings Fund (USSP-III)
Press Release | Report | History
Mutual Funds | Stability Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
110 Rural Community Development Programmes
Press Release | Report | History
Microfinance Social Impact and Performance Rating 13-Dec-22 Initial SIP3++ Stable -
111 CSC Empowerment & Inclusion Programme
Press Release | Report | History
Microfinance Social Impact and Performance Rating 13-Dec-22 Initial SIP3 Stable -
112 JS Microfinance Sector Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 12-Dec-22 Maintain A(f) Stable -
113 Mughal Iron & Steel Industries Limited | PPCP | PKR 2 bln | TBI
Press Release | Report | History
Steel Debt Instrument 12-Dec-22 Preliminary A+ A1 Stable -
114 Pakistan Oil Mills (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 09-Dec-22 Maintain BBB+ A2 Stable -
115 Habib Insurance Company Limited
Press Release | Report | History
General Insurance IFS 09-Dec-22 Maintain A++ (ifs) Stable -
116 Be Be Jan Pakistan Limited
Press Release | Report | History
Composite Entity 09-Dec-22 Initial BBB A2 Stable -
117 Pak Arab Refinery Limited
Press Release | Report | History
Refineries Entity 09-Dec-22 Maintain AAA A1+ Stable -
118 Ismail Industries Limited
Press Release | Report | History
Food Products Entity 09-Dec-22 Upgrade A+ A1 Stable -
119 KSB Pumps Company Limited
Press Release | Report | History
Machinery Entity 08-Dec-22 Maintain A+ A1 Stable Yes
120 K-Electric | PPSTS-11 | PKR 5bln | Oct-22
Press Release | Report | History
Power Debt Instrument 08-Dec-22 Initial AA A1+ Stable -
121 Bank AL Habib Limited | Tier-II | TFC X | PKR 7bln | Dec'22
Press Release | Report | History
Commercial Bank Debt Instrument 08-Dec-22 Preliminary AAA Stable -
122 Kingcrete Builders
Press Release | Report | History
Construction Entity 02-Dec-22 Maintain BBB A2 Stable -
123 Pak Qatar Cash Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial AA(f) Stable -
124 Pak Qatar Asan Munafa Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial AA(f) Stable -
125 Pak Qatar Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial A+(f) Stable -
126 Pak Qatar Daily Dividend Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial AA(f) Stable -
127 Pak Qatar Monthly Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial A+(f) Stable -
128 Pak Qatar Khalis Bachat Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Dec-22 Initial A(f) Stable -
129 Mughal Energy Limited
Press Release | Report | History
Power Entity 01-Dec-22 Initial A A2 Stable -
130 Spectrum Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 30-Nov-22 Maintain BMR3+ Stable -
131 Spectrum Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 30-Nov-22 Maintain BFR 3 Stable -
132 Abhi (Pvt.) Limited
Press Release | Report | History
Modaraba & NBFCs Entity 28-Nov-22 Initial A- A2 Stable -
133 East West Insurance Company Limited
Press Release | Report | History
General Insurance IFS 25-Nov-22 Maintain AA (ifs) Stable -
134 Sapphire Finishing Mills Limited
Press Release | Report | History
Composite Entity 25-Nov-22 Maintain A A1 Stable -
135 Byco Petroleum Pakistan Limited | Sukuk | Jan-17
Press Release | Report | History
Refineries Debt Instrument 25-Nov-22 Maintain AAA - Stable -
136 Samad Rubber Works (Pvt.) Limited
Press Release | Report | History
Chemical Entity 25-Nov-22 Initial BBB+ A2 Stable -
137 Stylers International Limited
Press Release | Report | History
Composite Entity 24-Nov-22 Initial A A1 Stable -
138 HUM Network Limited
Press Release | Report | History
Media Entity 24-Nov-22 Maintain A+ A1 Stable -
139 Pakistan Aluminium Beverage Cans Limited
Press Release | Report | History
Paper and Packaging Entity 24-Nov-22 Initial A+ A1 Stable -
140 Inbox Business Technologies Limited
Press Release | Report | History
Technology Entity 23-Nov-22 Upgrade A- A2 Stable -
141 Popular Aseptic Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 23-Nov-22 Initial BBB A2 Stable -
142 Amanah Investments Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 23-Nov-22 Maintain BMR3 Stable -
143 Ghani Global Glass Limited
Press Release | Report | History
Entity 23-Nov-22 Maintain BBB+ A2 Positive -
144 DIC Pakistan Limited
Press Release | Report | History
Chemical Entity 23-Nov-22 Initial AA- A1 Stable -
145 WAPDA Dasu Sukuk-B
Press Release | Report | History
Power Debt Instrument 23-Nov-22 Maintain AAA - Stable -
146 Sapphire Fibres Limited
Press Release | Report | History
Composite Entity 23-Nov-22 Maintain A+ A1 Stable -
147 KTRADE Securities Limited
Press Release | Report | History
Brokerage & Securities Entity 22-Nov-22 Maintain A- A2 Stable -
148 Chanar Energy Limited
Press Release | Report | History
Power Entity 22-Nov-22 Maintain BBB- A3 Stable Yes
149 Platinum Steel Mill (Pvt.) Limited
Press Release | Report | History
Steel Entity 22-Nov-22 Initial BBB- A2 Stable -
150 Airlink Communication
Press Release | Report | History
Mobile Phone and Allied Products Entity 22-Nov-22 Maintain A A1 Stable -
151 Ghani Global Holdings Limited
Press Release | Report | History
Holding Company Entity 22-Nov-22 Maintain A- A2 Positive -
152 WAPDA Dasu TFC-B
Press Release | Report | History
Power Debt Instrument 18-Nov-22 Maintain AAA - Stable -
153 Ahmed Fine Weaving Limited
Press Release | Report | History
Weaving Entity 18-Nov-22 Maintain A- A2 Stable -
154 Glamour Textile Mills Limited
Press Release | Report | History
Spinning Entity 16-Nov-22 Initial BBB- A2 Stable -
155 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 10-Nov-22 Upgrade A+ A1 Stable -
156 Liberty Power Tech Limited
Press Release | Report | History
Power Entity 10-Nov-22 Upgrade AA- A1 Stable -
157 Jubilee General Insurance Company Limited
Press Release | Report | History
General Insurance IFS 03-Nov-22 Maintain AA++ (ifs) Stable -
158 Zahidjee Textile Mills Limited
Press Release | Report | History
Composite Entity 02-Nov-22 Upgrade A A1 Stable -
159 Etihad Alloys (Pvt.) Limited
Press Release | Report | History
Steel Entity 02-Nov-22 Upgrade BBB- A3 Developing -
160 Orient Rental Modaraba
Press Release | Report | History
Modaraba & NBFCs Entity 31-Oct-22 Maintain A- A2 Stable -
161 Islamabad Farms
Press Release | Report | History
Poultry Entity 29-Oct-22 Maintain BBB- A3 Stable -
162 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 28-Oct-22 Maintain BMR2 Stable -
163 Optimus Capital Management (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 28-Oct-22 Maintain BFR 3++ Stable -
164 Habib Metropolitan Financial Services Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 28-Oct-22 Maintain BMR2 Stable -
165 AGP Limited
Press Release | Report | History
Pharmaceutical Entity 26-Oct-22 Maintain A+ A1 Stable -
166 ABL Asset Management Company Limited
Press Release | Report | History
Asset Managers Asset Manager 26-Oct-22 Upgrade AM1 Stable -
167 Pharmagen Limited
Press Release | Report | History
Pharmaceutical Entity 25-Oct-22 Maintain A- A2 Stable -
168 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 22-Oct-22 Maintain BBB- A2 Positive -
169 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Steel Entity 21-Oct-22 Maintain A+ A1 Stable -
170 Ghandhara Industries Limited
Press Release | Report | History
Trucks & Buses Entity 21-Oct-22 Maintain A+ A1 Stable -
171 Ghandhara Nissan Limited
Press Release | Report | History
Trucks & Buses Entity 21-Oct-22 Maintain A A1 Stable -
172 Postal Life Insurance Company Limited
Press Release | Report | History
Life Insurance IFS 21-Oct-22 Initial A+ (ifs) Stable -
173 CCL Pharmaceuticals (Pvt.) Limited
Press Release | Report | History
Pharmaceutical Entity 20-Oct-22 Maintain A A1 Stable -
174 NBP Income Opportunity Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
175 NBP Mahana Amdani Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain AA-(f) Stable -
176 NBP Savings Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
177 NBP Islamic Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain AA(f) Stable -
178 NBP Riba Free Saving Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
179 NBP Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain AA(f) Stable -
180 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
181 NBP Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 19-Oct-22 Maintain A+(f) Stable -
182 Secure Logistics Group Limited
Press Release | Report | History
Trucks & Buses Entity 15-Oct-22 Maintain A A2 Stable -
183 Atlas Sovereign Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
184 786 Smart Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
185 Faysal Income and Growth Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain A(f) Stable -
186 Atlas Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
187 Faysal Savings Growth Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
188 AWT Money Market Fund (Formerly: AWT Asset Allocation Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA+(f) Stable -
189 Jhulay Lal Parboiled Rice Mill
Press Release | Report | History
Rice Entity 14-Oct-22 Maintain BBB A2 Stable -
190 Atlas Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA+(f) Stable -
191 Faysal MTS Fund (FMTSF)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
192 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA(f) Stable -
193 Engro Eximp Agriproducts (Pvt.) Limited
Press Release | Report | History
Rice Entity 14-Oct-22 Maintain A- A2 Stable -
194 Atlas Liquid Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Upgrade AA+(f) Stable -
195 Faysal Financial Sector Opportunity Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
196 Atlas Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA-(f) Stable -
197 Faysal Halal Amdani Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA(f) Stable -
198 Atlas Islamic Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA(f) Stable -
199 Faysal Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 14-Oct-22 Maintain AA(f) Stable -
200 Hassan Ali Rice Export Company
Press Release | Report | History
Rice Entity 13-Oct-22 Upgrade BBB+ A2 Stable -
201 AWT Income Fund (Formerly: PIML Income Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain A+(f) Stable -
202 Alfalah GHP Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain AA+(f) Stable -
203 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain A+(f) Stable -
204 Reliance International Commodities Exports (Pvt.) Limited
Press Release | Report | History
Rice Entity 13-Oct-22 Upgrade BBB- A2 Stable -
205 Alfalah GHP Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain A+(f) Stable -
206 Alfalah GHP Sovereign Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain AA-(f) Stable -
207 Awami Agro Commodities
Press Release | Report | History
Rice Entity 13-Oct-22 Upgrade BBB A2 Stable -
208 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain AA-(f) Stable -
209 Din Energy Limited
Press Release | Report | History
Power Entity 13-Oct-22 Upgrade A A2 Stable -
210 AWT Islamic Income Fund (Formerly: PIML Islamic Income Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Oct-22 Maintain A+(f) Stable -
211 A.J. Textile Mills Limited
Press Release | Report | History
Spinning Entity 12-Oct-22 Maintain A- A2 Stable -
212 Habib Construction Services Limited
Press Release | Report | History
Construction Entity 12-Oct-22 Upgrade BBB+ A2 Stable -
213 Irfan Noman Brothers (Pvt.) Limited
Press Release | Report | History
Rice Entity 10-Oct-22 Initial BBB+ A2 Stable -
214 MCB-Arif Habib Savings and Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 06-Oct-22 Maintain AM1 Stable -
215 The Bank of Khyber
Press Release | Report | History
Commercial Bank Entity 04-Oct-22 Upgrade A+ A1 Stable -
216 Thardeep Microfinance Foundation
Press Release | Report | History
Microfinance Entity 30-Sep-22 Maintain BBB A3 Stable Yes
217 Master Wind Energy Limited
Press Release | Report | History
Power Entity 30-Sep-22 Maintain A+ A1 Stable -
218 LalPir Power Limited
Press Release | Report | History
Power Entity 30-Sep-22 Maintain AA A1 Stable -
219 PakGen Power Limited
Press Release | Report | History
Power Entity 30-Sep-22 Maintain AA A1 Stable -
220 Ravi Automobile (Pvt.) Limited
Press Release | Report | History
Automotive Parts Entity 29-Sep-22 Maintain BBB A2 Stable -
221 JS Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain AA(f) Stable -
222 JS Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain A+(f) Stable -
223 UBL Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain AA+(f) Stable -
224 JS Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain AA+(f) Stable -
225 JS Government Securities Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Initial AA(f) Stable -
226 JS Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 29-Sep-22 Maintain AA-(f) Stable -
227 NBP Financial Sector Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 28-Sep-22 Maintain A+(f) Stable -
228 NBP Government Securities Liquid Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 28-Sep-22 Maintain AAA(f) Stable -
229 NBP Government Securities Savings Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 28-Sep-22 Maintain AA-(f) Stable -
230 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 28-Sep-22 Upgrade AA+(f) Stable -
231 My Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 27-Sep-22 Initial BBB+ A2 Stable -
232 Bank Alfalah Limited | Additional Tier 1 TFC | PKR 7bln | Dec'22
Press Release | Report | History
Commercial Bank Debt Instrument 26-Sep-22 Preliminary AA- - Stable -
233 Service Industries Limited
Press Release | Report | History
Tyres Entity 24-Sep-22 Maintain AA- A1 Stable -
234 Kashf Foundation
Press Release | Report | History
Microfinance Entity 24-Sep-22 Maintain A- A2 Stable -
235 Nishat Power Limited
Press Release | Report | History
Power Entity 24-Sep-22 Maintain AA- A1 Stable -
236 Kashf Foundation | PPTFC
Press Release | Report | History
Microfinance Debt Instrument 24-Sep-22 Maintain A - Stable -
237 Global Marketing Services
Press Release | Report | History
Pharmaceutical Entity 23-Sep-22 Maintain BBB A2 Stable -
238 Prosperity Weaving Mills Limited
Press Release | Report | History
Weaving Entity 23-Sep-22 Maintain A- A2 Stable -
239 First Habib Modaraba
Press Release | Report | History
Modaraba & NBFCs Entity 23-Sep-22 Maintain AA+ A1+ Stable -
240 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Power Entity 23-Sep-22 Maintain AA- A1 Stable -
241 Nagina Cotton Mills Limited
Press Release | Report | History
Spinning Entity 23-Sep-22 Maintain A- A2 Stable -
242 Ellcot Spinning Mills Limited
Press Release | Report | History
Spinning Entity 23-Sep-22 Maintain A- A2 Stable -
243 Atlas Power Limited
Press Release | Report | History
Power Entity 22-Sep-22 Maintain AA- A1+ Stable -
244 NBP Islamic Savings Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 22-Sep-22 Maintain AA-(f) Stable -
245 Alfalah GHP Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 22-Sep-22 Upgrade AA+(f) Stable -
246 First Punjab Modaraba
Press Release | Report | History
Modaraba & NBFCs Entity 20-Sep-22 Maintain A- A2 Stable -
247 Trust Securities & Brokerage Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 20-Sep-22 Initial BMR2+ Stable -
248 Trust Securities & Brokerage Limited
Press Release | Report | History
Brokerage & Securities Entity 20-Sep-22 Initial A- A2 Stable -
249 Nimir Chemicals Pakistan Limited
Press Release | Report | History
Chemical Entity 20-Sep-22 Initial A- A2 Stable -
250 Trust Securities & Brokerage Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 20-Sep-22 Initial BFR 2 Stable -
251 Dawood Equities Limited
Press Release | Report | History
Brokerage & Securities Entity 20-Sep-22 Maintain A- A2 Stable -
252 OILCO Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 19-Sep-22 Maintain A- A2 Stable -
253 Islamabad Feeds (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 16-Sep-22 Maintain BBB A2 Stable -
254 U Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 16-Sep-22 Upgrade A+ A1 Stable -
255 Berger Paints Pakistan Limited
Press Release | Report | History
Chemical Entity 16-Sep-22 Maintain A- A2 Stable -
256 Malik MIJ Chunxing Resources Recycling Company Limited
Press Release | Report | History
Entity 15-Sep-22 Maintain BBB A2 Stable -
257 Salman Paper Products (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 14-Sep-22 Initial BBB A2 Stable -
258 International Business Management
Press Release | Report | History
Paper and Packaging Entity 14-Sep-22 Initial BB+ A3 Stable -
259 Bikiya Industries (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 14-Sep-22 Initial BB A3 Stable -
260 Madiha International (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 14-Sep-22 Initial BB A3 Stable -
261 Tapal Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 13-Sep-22 Initial A- A2 Developing -
262 Alhamra Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 13-Sep-22 Maintain AA-(f) Stable -
263 Thar Energy Limited
Press Release | Report | History
Power Entity 12-Sep-22 Maintain A- A2 Stable Yes
264 Pakistan Income Enhancement Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain A+(f) Stable -
265 Lakson Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain A+(f) Stable -
266 NIT Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
267 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Power Entity 09-Sep-22 Maintain A A1 Stable -
268 NIT Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
269 MCB Cash Management Optimizer
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA+(f) Stable -
270 Bestway Cement Limited
Press Release | Report | History
Cement Entity 09-Sep-22 Maintain AA- A1+ Stable -
271 MCB DCF Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
272 The Hub Power Company Limited | PPSTS | 4.5bln | Apr-22
Press Release | Report | History
Power Debt Instrument 09-Sep-22 Initial AA+ A1+ Stable -
273 Pakistan Cash Management Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA+(f) Stable -
274 NIT Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AAA(f) Stable -
275 Alhamra Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
276 MCB Pakistan Sovereign Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA-(f) Stable -
277 NIT Government Bond Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA(f) Stable -
278 Premier Industrial Chemical MFG. Co. (Pvt.) Limited
Press Release | Report | History
Sugar Entity 09-Sep-22 Initial A- A2 Stable -
279 Lakson Money Market Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 09-Sep-22 Maintain AA+(f) Stable -
280 Din Textile Mills Limited
Press Release | Report | History
Spinning Entity 08-Sep-22 Maintain A- A2 Stable -
281 Fazal Cloth Mills Limited
Press Release | Report | History
Composite Entity 07-Sep-22 Upgrade A A1 Stable -
282 AKD Cash Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 07-Sep-22 Maintain AA+(f) Stable -
283 AKD Aggressive Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 07-Sep-22 Maintain A+(f) Stable -
284 Lucky Electric Power Company Limited | PPSTS-2 | PKR 7bln | Jun-22
Press Release | Report | History
Power Debt Instrument 06-Sep-22 Initial AA A1+ Stable -
285 Lakson Islamic Money Market Fund
Press Release | Report | History
Asset Managers Stability Rating 06-Sep-22 Initial AA(f) Stable -
286 Lucky Electric Power Company Limited | PPSTS-3 | PKR 5bln | Jul-22
Press Release | Report | History
Power Debt Instrument 06-Sep-22 Initial AA A1+ Stable -
287 Bulleh Shah Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 05-Sep-22 Initial AA- A1 Stable -
288 Nayatel (Pvt.) Limited
Press Release | Report | History
Communication Entity 02-Sep-22 Maintain A A1 Stable -
289 AL Habib Income Fund (Formerly First Habib Income Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Maintain AA(f) Stable -
290 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Maintain AA+(f) Stable -
291 Pakistan Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Maintain AA-(f) Stable -
292 Trans World Associates (Pvt.) Limited
Press Release | Report | History
Communication Entity 02-Sep-22 Initial A A1 Stable -
293 AKD Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Upgrade AA-(f) Stable -
294 AL Habib Islamic Income Fund (Formerly First Habib Islamic Income Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 02-Sep-22 Maintain AA(f) Stable -
295 The Bank of Punjab | Additional Tier 1 Capital TFC | Jun-22
Press Release | Report | History
Commercial Bank Debt Instrument 02-Sep-22 Initial AA- Stable -
296 Martin Dow Limited
Press Release | Report | History
Pharmaceutical Entity 02-Sep-22 Initial A+ A1 Stable -
297 K-Electric | PPSTS-7 | PKR 5bln | Aug-22
Press Release | Report | History
Power Debt Instrument 31-Aug-22 Initial AA A1+ Stable -
298 K-Electric | PPSTS-6 | PKR 5bln | Apr-22
Press Release | Report | History
Power Debt Instrument 31-Aug-22 Initial AA A1+ Stable -
299 Golden Packages (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 29-Aug-22 Initial BBB A2 Stable -
300 Engro PowerGen Thar (Private) Limited | PP Sukuk
Press Release | Report | History
Power Debt Instrument 27-Aug-22 Upgrade AA- - Stable -
301 Atlas Insurance Limited
Press Release | Report | History
General Insurance IFS 26-Aug-22 Maintain AA+ (ifs) Stable -
302 Asia Insurance Company Limited
Press Release | Report | History
General Insurance IFS 26-Aug-22 Maintain A++ (ifs) Stable -
303 Puma Energy Pakistan (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 26-Aug-22 Initial A- A2 Stable -
304 IGI Finex Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 26-Aug-22 Maintain BMR2+ Stable -
305 Lakson Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 26-Aug-22 Maintain AM2+ Stable -
306 IGI Finex Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 26-Aug-22 Maintain BFR 2+ Stable -
307 Premier Insurance Limited
Press Release | Report | History
General Insurance IFS 26-Aug-22 Maintain A+ (ifs) Negative -
308 Ismail Iqbal Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 26-Aug-22 Maintain BMR3 Stable -
309 Etimaad Engineering (Pvt.) Limited
Press Release | Report | History
Construction Entity 26-Aug-22 Upgrade A- A2 Stable -
310 Be Energy Limited
Press Release | Report | History
Oil Marketing Companies Entity 26-Aug-22 Maintain A+ A1 Stable -
311 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 26-Aug-22 Maintain A- A2 Stable -
312 The Hub Power Company Limited | PP Sukuk
Press Release | Report | History
Power Debt Instrument 26-Aug-22 Maintain AA+ - Stable -
313 Cnergyico Pk Limited ( Formerly: Byco Petroleum Pakistan Limited )
Press Release | Report | History
Refineries Entity 25-Aug-22 Maintain A- A2 Stable Yes
314 Shaheen Insurance Company Limited
Press Release | Report | History
General Insurance IFS 25-Aug-22 Maintain A+ (ifs) Positive -
315 Maaksons Engineering Corporation Limited
Press Release | Report | History
Construction Entity 24-Aug-22 Maintain BBB+ A2 Stable -
316 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Spinning Entity 23-Aug-22 Upgrade BBB- A2 Stable -
317 Tufail Chemical Industries Limited
Press Release | Report | History
Chemical Entity 23-Aug-22 Maintain A- A2 Stable -
318 China Power Hub Generation Company (Pvt.) Limited | PPSTS | PKR 8bln | Jul-22
Press Release | Report | History
Power Debt Instrument 22-Aug-22 Initial AA+ A1+ Stable -
319 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Coal Mining and Trading Entity 19-Aug-22 Maintain BBB+ A2 Positive -
320 Packages Convertors Limited
Press Release | Report | History
Paper and Packaging Entity 18-Aug-22 Initial AA- A1 Stable -
321 U Microfinance Bank Limited | TFC
Press Release | Report | History
Microfinance Debt Instrument 18-Aug-22 Maintain AA- - Stable -
322 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Mutual Funds | Stability Stability Rating 17-Aug-22 Maintain A+(f) Stable -
323 Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund)
Press Release | Report | History
Mutual Funds | Stability Stability Rating 17-Aug-22 Maintain A+(f) Stable -
324 Askari High Yield Scheme
Press Release | Report | History
Mutual Funds | Stability Stability Rating 17-Aug-22 Maintain A(f) Stable -
325 ThalNova Power Thar (Pvt.) Limited
Press Release | Report | History
Power Entity 17-Aug-22 Maintain A- A2 Stable Yes
326 National Transmission & Despatch Company Limited
Press Release | Report | History
Distribution | Electricity Entity 13-Aug-22 Maintain AA+ A1+ Stable -
327 AL Habib Asset Management Limited (Formerly: Habib Asset Management Limited)
Press Release | Report | History
Asset Managers Asset Manager 12-Aug-22 Upgrade AM2+ Stable -
328 Ghani Chemical Industries Limited | Sukuk | Feb-17
Press Release | Report | History
Industrial Gases Debt Instrument 11-Aug-22 Maintain A Stable -
329 Faysal Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Declined 5-Star 2-Star -
330 AKD Islamic Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Improved 5-Star 3-Star -
331 Ghandhara Tyre & Rubber Company Limited (formerly known as The General Tyre and Rubber Company of Pakistan Limited)
Press Release | Report | History
Tyres Entity 10-Aug-22 Maintain A+ A1 Stable -
332 NBP Islamic Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 3-Star 3-Star -
333 NBP Islamic Active Allocation Equity Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 5-Star 4-Star -
334 First Capital Mutual Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Improved 3-Star 2-Star -
335 NBP Balanced Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 4-Star 4-Star -
336 Golden Arrow Stock Fund (Formerly: Golden Arrow Selected Stocks Fund)
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 5-Star 3-Star -
337 EcoPack Limited
Press Release | Report | History
Paper and Packaging Entity 10-Aug-22 Initial BBB A2 Stable -
338 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 3-Star 3-Star -
339 AKD Opportunity Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Same 5-Star 2-Star -
340 Faysal Asset Allocation Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Declined 5-Star 2-Star -
341 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Aug-22 Improved 5-Star 5-Star -
342 Jahangir Siddiqui & Co. Ltd. | TFC X | Jul-17
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-22 Maintain AA+ Stable -
343 Jahangir Siddiqui & Co. Ltd. | TFC XI | Mar-18
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-22 Maintain AA+ Stable -
344 AWT Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 05-Aug-22 Maintain AM3++ Positive -
345 Mekotex (Pvt.) Limited
Press Release | Report | History
Composite Entity 05-Aug-22 Maintain A- A2 Stable -
346 Eastern Garments (Pvt.) Limited
Press Release | Report | History
Composite Entity 05-Aug-22 Maintain BBB+ A2 Positive -
347 Pak Suzuki Motor Company Limited
Press Release | Report | History
Passenger Cars Entity 05-Aug-22 Maintain AA- A1 Stable -
348 NBP Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 04-Aug-22 Same 3-Star 4-Star -
349 NBP Sarmaya Izafa Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 04-Aug-22 Same 3-Star 3-Star -
350 Multinet Pakistan (Pvt.) Limited
Press Release | Report | History
Technology Entity 02-Aug-22 Initial A- A2 Stable -
351 Fauji Fertilizer Company Limited
Press Release | Report | History
Fertilizer Entity 30-Jul-22 Maintain AA+ A1+ Stable -
352 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Company Entity 29-Jul-22 Maintain AA A1+ Stable -
353 Engro Fertilizers Limited
Press Release | Report | History
Fertilizer Entity 29-Jul-22 Maintain AA A1+ Stable -
354 Honda Centre (Pvt.) Limited
Press Release | Report | History
Passenger Cars Entity 29-Jul-22 Maintain BBB A2 Stable -
355 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Composite Entity 29-Jul-22 Maintain A A2 Stable -
356 The Universal Insurance Company Limited
Press Release | Report | History
General Insurance IFS 28-Jul-22 Maintain A (ifs) Stable -
357 Pakistan Oxygen Limited
Press Release | Report | History
Industrial Gases Entity 26-Jul-22 Maintain A A1 Stable -
358 Huaneng Shandong Ruyi (Pakistan) Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 22-Jul-22 Initial AA+ A1+ Stable -
359 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Towel Entity 20-Jul-22 Maintain BBB A2 Positive -
360 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Life Insurance IFS 19-Jul-22 Maintain AAA (ifs) Stable -
361 Sindh Engro Coal Mining Company
Press Release | Report | History
Coal Mining and Trading Entity 19-Jul-22 Maintain AA A1+ Stable -
362 AL Habib Capital Markets (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 19-Jul-22 Maintain BMR2+ Stable -
363 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 19-Jul-22 Maintain BFR 2+ Stable -
364 Engro Polymer & Chemicals Limited
Press Release | Report | History
Chemical Entity 16-Jul-22 Upgrade AA A1+ Stable -
365 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Chemical Entity 16-Jul-22 Maintain A+ A1 Stable -
366 Nimir Resins Limited
Press Release | Report | History
Chemical Entity 16-Jul-22 Maintain A- A2 Stable -
367 Diamond Fabrics Limited
Press Release | Report | History
Composite Entity 15-Jul-22 Initial A- A2 Stable -
368 Jamal Pipe Industries (Pvt.) Limited
Press Release | Report | History
Steel Entity 15-Jul-22 Maintain BBB A2 Stable -
369 BankIslami Pakistan Limited | Modaraba Sukuk | Additional Tier 1 | TBI
Press Release | Report | History
Commercial Bank Debt Instrument 15-Jul-22 Preliminary A- Positive -
370 Steelex (Pvt.) Limited
Press Release | Report | History
Steel Entity 14-Jul-22 Initial BBB- A2 Stable -
371 TPL Corp Limited | PPTFC | Jun-22
Press Release | Report | History
Holding Company Debt Instrument 14-Jul-22 Initial AA- Stable -
372 TPL Corp Limited | PP Sukuk | Jun-22
Press Release | Report | History
Holding Company Debt Instrument 14-Jul-22 Initial AA- Stable -
373 Liberty Mills Limited
Press Release | Report | History
Composite Entity 09-Jul-22 Maintain A+ A1 Stable -
374 Askari Life Assurance Company Limited
Press Release | Report | History
Life Insurance IFS 07-Jul-22 Maintain A (ifs) Stable -
375 Pak Elektron Limited
Press Release | Report | History
Household Appliances Entity 06-Jul-22 Maintain A+ A1 Stable -
376 Amreli Steels Limited
Press Release | Report | History
Steel Entity 05-Jul-22 Maintain A- A2 Stable -
377 Engro Elengy Terminal (Private) Limited
Press Release | Report | History
Distribution | Gas Entity 04-Jul-22 Maintain AA- A1 Stable -
378 GuarantCo Limited
Press Release | Report | History
Credit Guarantee Institutions Entity 30-Jun-22 Maintain AAA A1+ Stable -
379 Cordoba Logistics & Ventures Limited
Press Release | Report | History
Trucks & Buses Entity 30-Jun-22 Initial BBB- A2 Stable -
380 JS Investments Limited | RMR
Press Release | Report | History
Real Estate REIT Manager Rating 30-Jun-22 Initial RM 3 Stable -
381 AKD Investment Management Limited
Press Release | Report | History
Asset Managers Asset Manager 30-Jun-22 Maintain AM3++ Positive -
382 Yunus Textile Mills Limited
Press Release | Report | History
Composite Entity 30-Jun-22 Initial AA- A1+ Stable -
383 Kohat Textile Mills Limited
Press Release | Report | History
Spinning Entity 30-Jun-22 Maintain A- A2 Stable -
384 Tata Textile Mills Limited
Press Release | Report | History
Spinning Entity 30-Jun-22 Upgrade A A1 Stable -
385 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Life Insurance IFS 30-Jun-22 Maintain A++ (ifs) Stable -
386 Saif Textile Mills Limited
Press Release | Report | History
Spinning Entity 30-Jun-22 Maintain A- A2 Stable -
387 Trans World Enterprise Services (Pvt.) Limited
Press Release | Report | History
Communication Entity 30-Jun-22 Initial BBB A2 Stable -
388 Bank AL Habib Limited | Tier-I | TFC VI | Dec-17
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Maintain AA+ Stable -
389 Bank AL Habib Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Maintain AAA Stable -
390 IGI Life Insurance Company
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A++ (ifs) Stable -
391 TPL Life Insurance Company Limited
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A (ifs) Stable -
392 Suzuki Islamabad Motors
Press Release | Report | History
Passenger Cars Entity 29-Jun-22 Initial BBB- A3 Stable -
393 Bank Alfalah Limited | Additional Tier 1 TFC | 7bln
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Initial AA- Stable -
394 Adamjee Life Assurance Company Limited
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A++ (ifs) Stable -
395 Pakistan Kuwait Investment Company (Pvt.) Limited
Press Release | Report | History
DFIs Entity 29-Jun-22 Maintain AAA A1+ Stable -
396 Dawood Family Takaful Limited
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A+ (ifs) Stable -
397 K-Electric Limited
Press Release | Report | History
Distribution | Electricity Entity 29-Jun-22 Maintain AA A1+ Stable -
398 Bank AL Habib Limited | Tier II TFC VIII | Sep-21
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Maintain AAA Stable -
399 Bank AL Habib Limited | Tier-I | TFC IX | Apr-22
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Initial AA+ Stable -
400 First Women Bank Limited
Press Release | Report | History
Commercial Bank Entity 28-Jun-22 Maintain A- A2 Developing Yes
401 PAIR Investment Company Limited
Press Release | Report | History
DFIs Entity 25-Jun-22 Maintain AA A1+ Stable -
402 Faysal Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA A1+ Stable -
403 Pakistan Microfinance Investment Company Limited
Press Release | Report | History
DFIs Entity 25-Jun-22 Maintain AA A1+ Stable Yes
404 Soneri Bank Limited | Tier 1 TFC
Press Release | Report | History
Commercial Bank Debt Instrument 25-Jun-22 Maintain A Stable -
405 Standard Chartered Bank (Pakistan) Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AAA A1+ Stable -
406 Engro Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-22 Maintain AA+ A1+ Stable -
407 Soneri Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA- A1+ Stable -
408 Mahmood Textile Mills Limited
Press Release | Report | History
Composite Entity 25-Jun-22 Maintain A- A2 Stable -
409 Askari Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA+ A1+ Stable -
410 BankIslami Pakistan Limited | Modaraba Sukuk
Press Release | Report | History
Commercial Bank Debt Instrument 25-Jun-22 Maintain A- Positive -
411 Roomi Fabrics Limited
Press Release | Report | History
Composite Entity 25-Jun-22 Maintain A- A2 Stable -
412 National Bank of Pakistan
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AAA A1+ Stable -
413 Dawood Hercules Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-22 Maintain AA A1+ Stable -
414 Habib Metropolitan Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA+ A1+ Stable -
415 Bank AL Habib Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AAA A1+ Stable -
416 Pak-Libya Holding Company (Pvt.) Limited
Press Release | Report | History
DFIs Entity 25-Jun-22 Maintain AA- A1+ Positive -
417 Bank Alfalah Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA+ A1+ Stable -
418 BMA Asset Management Company Limited | Investment Advisor Rating
Press Release | Report | History
Asset Managers Investment Advisor Rating 24-Jun-22 Initial AM3++ (ia) Stable -
419 Meezan Plastic Industries (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 24-Jun-22 Initial BB A3 Stable -
420 JS Bank Limited | TFC Tier 1
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain A Stable -
421 The Bank of Punjab | TFC I | Dec-16
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA Stable -
422 Askari Bank Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA Stable -
423 Askari Bank Limited | TFC VI ( Additional Tier I ) | Jul-18
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA- Stable -
424 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 24-Jun-22 Maintain BFR 2 Stable -
425 The Bank of Punjab | TFC II | April-18
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA Stable -
426 BankIslami Pakistan Limited
Press Release | Report | History
Commercial Bank Entity 24-Jun-22 Maintain A+ A1 Positive -
427 Siddiqsons Limited
Press Release | Report | History
Composite Entity 24-Jun-22 Maintain A- A1 Stable -
428 Nishat Hotels and Properties Ltd
Press Release | Report | History
Hotel & Retail Industry Entity 24-Jun-22 Maintain A- A2 Stable -
429 Abbasi and Company (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 24-Jun-22 Maintain BMR2 Stable -
430 JS Bank Limited | PPTFC | Dec-21
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain A+ Stable -
431 E-Vision Manufacturing Limited
Press Release | Report | History
Polyester Entity 24-Jun-22 Maintain BBB A2 Positive -
432 JS Bank Limited | TFC II
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain A+ Stable -
433 Cedar Capital (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 24-Jun-22 Maintain BFR 3 Stable -
434 Pioneer Cement Limited
Press Release | Report | History
Cement Entity 24-Jun-22 Maintain A A2 Negative -
435 MCB Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain AAA A1+ Stable -
436 Allied Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain AAA A1+ Stable -
437 JS Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain AA- A1+ Stable -
438 Al Meezan Investment Management Limited
Press Release | Report | History
Asset Managers Asset Manager 23-Jun-22 Maintain AM1 Stable -
439 ACT Wind (Pvt.) Limited
Press Release | Report | History
Power Entity 23-Jun-22 Upgrade A+ A1 Stable -
440 MCB Islamic Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain A A1 Stable -
441 Meskay & Femtee Trading Company (Pvt.) Limited
Press Release | Report | History
Rice Entity 22-Jun-22 Initial A- A2 Stable -
442 Master Green Energy Limited
Press Release | Report | History
Power Entity 22-Jun-22 Maintain A A1 Developing Yes
443 NBP Fund Management Limited
Press Release | Report | History
Asset Managers Asset Manager 22-Jun-22 Maintain AM1 Stable -
444 Narowal Energy Limited
Press Release | Report | History
Power Entity 22-Jun-22 Maintain AA- A1+ Stable -
445 The Hub Power Company Limited
Press Release | Report | History
Power Entity 21-Jun-22 Maintain AA+ A1+ Stable -
446 The Bank of Punjab | Tier 2 | TFC-III | TBI
Press Release | Report | History
Commercial Bank Debt Instrument 21-Jun-22 Preliminary AA Stable -
447 Olympia Chemicals Limited
Press Release | Report | History
Chemical Entity 20-Jun-22 Maintain A- A1 Stable -
448 The Bank of Punjab
Press Release | Report | History
Commercial Bank Entity 18-Jun-22 Maintain AA+ A1+ Stable -
449 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 17-Jun-22 Maintain BBB+ A2 Stable -
450 EFU General Insurance Limited
Press Release | Report | History
General Insurance IFS 17-Jun-22 Maintain AA++ (ifs) Stable -
451 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 17-Jun-22 Maintain BBB+ A2 Stable -
452 Alfalah Insurance Company Limited
Press Release | Report | History
General Insurance IFS 17-Jun-22 Maintain AA+ (ifs) Stable -
453 Packages Limited
Press Release | Report | History
Holding Company Entity 16-Jun-22 Maintain AA A1+ Stable -
454 Ghani Chemical Industries Limited
Press Release | Report | History
Industrial Gases Entity 14-Jun-22 Maintain A A1 Stable -
455 AHM Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 14-Jun-22 Initial BFR 3 Stable -
456 AHM Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 14-Jun-22 Initial BMR3+ Stable -
457 Ismail Iqbal Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 13-Jun-22 Initial BFR 3 Stable -
458 Habib Metropolitan Financial Services Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 13-Jun-22 Initial BFR 3+ Stable -
459 Avanceon Limited
Press Release | Report | History
Technology Entity 10-Jun-22 Maintain A- A2 Stable -
460 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Pipeline Networks Entity 10-Jun-22 Maintain AAA A1+ Stable -
461 Orient Power Company (Pvt.) Limited
Press Release | Report | History
Power Entity 10-Jun-22 Initial AA- A1 Stable -
462 LOTTE Kolson (Pvt.) Limited
Press Release | Report | History
Food Products Entity 09-Jun-22 Maintain A- A2 Stable -
463 Pakistan Refinery Limited
Press Release | Report | History
Refineries Entity 09-Jun-22 Maintain A- A2 Stable Yes
464 TPL Trakker Limited | Sukuk
Press Release | Report | History
Tracking Services Debt Instrument 07-Jun-22 Maintain A+ - Stable -
465 Alfalah CLSA Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 06-Jun-22 Initial BFR 2+ Stable -
466 Hub Power Holdings Limited | Sukuk
Press Release | Report | History
Holding Company Debt Instrument 03-Jun-22 Maintain AA+ - Stable -
467 Martin Dow Marker Limited
Press Release | Report | History
Pharmaceutical Entity 03-Jun-22 Maintain A+ A1 Stable -
468 Reem Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 03-Jun-22 Initial A- A2 Stable -
469 Gas & Oil Pakistan Limited
Press Release | Report | History
Oil Marketing Companies Entity 03-Jun-22 Maintain A+ A1 Stable -
470 Panther Tyres Limited
Press Release | Report | History
Tyres Entity 01-Jun-22 Maintain A A1 Stable -
471 Aba Ali Habib Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 31-May-22 Initial A- A2 Stable -
472 Attock Refinery Limited
Press Release | Report | History
Refineries Entity 27-May-22 Maintain AA A1+ Negative Yes
473 Lucky Tex Pakistan (Pvt.) Limited
Press Release | Report | History
Composite Entity 27-May-22 Initial BBB A2 Stable -
474 Berger Paints Pakistan Limited | PP Sukuk | Sep -21
Press Release | Report | History
Chemical Debt Instrument 27-May-22 Initial A Stable -
475 National Refinery Limited
Press Release | Report | History
Refineries Entity 27-May-22 Maintain AA+ A1+ Negative -
476 National Investment Trust Limited
Press Release | Report | History
Asset Managers Asset Manager 24-May-22 Maintain AM1 Stable -
477 Entertainment Pakistan Limited
Press Release | Report | History
Real Estate Entity 23-May-22 Initial BB A3 Stable -
478 Ziauddin University
Press Release | Report | History
Education Entity 23-May-22 Initial BBB A2 Stable -
479 Hub Power Holdings Limited
Press Release | Report | History
Holding Company Entity 20-May-22 Maintain AA A1+ Stable -
480 Samba Bank Limited | PPTFC
Press Release | Report | History
Commercial Bank Debt Instrument 20-May-22 Maintain AA- Stable -
481 WAPDA Dasu Sukuk-C
Press Release | Report | History
Power Debt Instrument 20-May-22 Preliminary AAA - Stable -
482 WAPDA Dasu TFC-C
Press Release | Report | History
Power Debt Instrument 20-May-22 Preliminary AAA - Stable -
483 Pakistan Mobile Communications Limited
Press Release | Report | History
Communication Entity 20-May-22 Maintain AA A1 Stable -
484 TPL Corp Limited
Press Release | Report | History
Holding Company Entity 18-May-22 Maintain A A1 Stable -
485 Descon Oxychem Limited
Press Release | Report | History
Chemical Entity 17-May-22 Upgrade A+ A1 Stable -
486 Crown Textile
Press Release | Report | History
Composite Entity 16-May-22 Initial BBB- A2 Stable -
487 H. Nizam Din & Sons (Pvt.) Limited
Press Release | Report | History
Relief Entity 13-May-22 Initial BBB+ A2 Stable -
488 TRAFCO Insurance Company Limited
Press Release | Report | History
General Insurance IFS 13-May-22 Initial BBB+ (ifs) Stable -
489 KTRADE Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 12-May-22 Upgrade BFR 3++ Stable -
490 Sitara Petroleum Service (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 11-May-22 Maintain A- A2 Stable -
491 TPL Insurance Limited
Press Release | Report | History
General Insurance IFS 07-May-22 Maintain AA (ifs) Stable -
492 AL Textile (Pvt.) Limited
Press Release | Report | History
Spinning Entity 02-May-22 Maintain BBB A2 Stable -
493 Sefam (Pvt.) Limited
Press Release | Report | History
Composite Entity 02-May-22 Maintain A- A2 Positive -
494 Infra Zamin Pakistan Limited
Press Release | Report | History
Credit Guarantee Institutions Entity 02-May-22 Maintain AAA A1+ Stable -
495 Nishat Mills Limited
Press Release | Report | History
Composite Entity 02-May-22 Maintain AA A1+ Stable -
496 Mobilink Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 30-Apr-22 Maintain A A1 Positive -
497 Apna Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 30-Apr-22 Maintain BBB+ A3 Negative Yes
498 Telenor Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 30-Apr-22 Downgrade A A1 Stable Yes
499 Alfalah CLSA Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 29-Apr-22 Maintain A- A1 Stable -
500 Flying Cement Company Limited
Press Release | Report | History
Cement Entity 29-Apr-22 Maintain A- A2 Stable Yes
501 Alfalah CLSA Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 29-Apr-22 Maintain BMR2+ Stable -
502 TPL Properties Limited
Press Release | Report | History
Real Estate Entity 29-Apr-22 Maintain A+ A1 Stable -
503 Pakistan Synthetics Limited
Press Release | Report | History
Paper and Packaging Entity 29-Apr-22 Upgrade A- A2 Stable -
504 Sadiq Poultry (Pvt.) Limited
Press Release | Report | History
Poultry Entity 29-Apr-22 Maintain BBB+ A2 Stable -
505 Rustam Towel (Pvt.) Limited
Press Release | Report | History
Towel Entity 29-Apr-22 Maintain BBB A2 Stable -
506 AGAHE Pakistan
Press Release | Report | History
Microfinance Entity 29-Apr-22 Upgrade BBB- A3 Stable -
507 Mughal Iron & Steel Industries Limited | PP Sukuk
Press Release | Report | History
Steel Debt Instrument 28-Apr-22 Maintain A+ - Stable -
508 Hawa Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 27-Apr-22 Initial A A1 Stable -
509 Jhimpir Power (Pvt.) Limited
Press Release | Report | History
Power Entity 27-Apr-22 Initial A A1 Stable -
510 Asif Rice Mills
Press Release | Report | History
Rice Entity 22-Apr-22 Initial BBB+ A2 Stable -
511 New Horizon Computer
Press Release | Report | History
Technology Entity 22-Apr-22 Initial BB+ A3 Stable -
512 Diamond Tyres Limited
Press Release | Report | History
Tyres Entity 22-Apr-22 Maintain A- A2 Stable -
513 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Construction Entity 20-Apr-22 Maintain BBB A2 Stable -
514 The United Insurance Company of Pakistan Limited
Press Release | Report | History
General Insurance IFS 19-Apr-22 Maintain AA+ (ifs) Stable -
515 National Foods Limited
Press Release | Report | History
Food Products Entity 19-Apr-22 Maintain AA- A1 Stable -
516 SPI Insurance Company Limited
Press Release | Report | History
General Insurance IFS 19-Apr-22 Maintain A+ (ifs) Stable Yes
517 Pakistan Mortgage Refinance Company Limited | PP Sukuk
Press Release | Report | History
DFIs Debt Instrument 15-Apr-22 Maintain AAA - Stable -
518 FINCA Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 15-Apr-22 Maintain A A1 Negative Yes
519 The Hub Power Company Limited | Sukuk
Press Release | Report | History
Power Debt Instrument 15-Apr-22 Maintain AA+ - Stable -
520 Reliance Cotton Spinning Mills Limited
Press Release | Report | History
Spinning Entity 14-Apr-22 Initial A- A2 Stable -
521 Oasis Park Residencia
Press Release | Report | History
Real Estate Project Grading 13-Apr-22 Upgrade PG3+ Stable -
522 Shahzad Textile Mills Limited
Press Release | Report | History
Spinning Entity 13-Apr-22 Upgrade A- A2 Stable -
523 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Sugar Entity 11-Apr-22 Maintain A+ A1 Stable -
524 Lucky Electric Power Company Limited
Press Release | Report | History
Power Entity 11-Apr-22 Upgrade AA A1+ Stable -
525 SGM Sugar Mills Limited
Press Release | Report | History
Sugar Entity 08-Apr-22 Maintain BBB A2 Stable -
526 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 08-Apr-22 Maintain A- A2 Stable -
527 SME Leasing Limited
Press Release | Report | History
Modaraba & NBFCs Entity 06-Apr-22 Maintain B- A4 Negative Yes
528 Mehran Sugar Mills Limited
Press Release | Report | History
Sugar Entity 06-Apr-22 Maintain A- A2 Stable -
529 First Capital Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 05-Apr-22 Maintain AM4++ Stable -
530 Popular Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-22 Maintain BBB+ A2 Stable -
531 Jauharabad Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-22 Maintain BBB+ A2 Stable -
532 Noon Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-22 Maintain BBB+ A2 Stable -
533 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-22 Maintain A- A2 Stable -
534 Quaid-e-Azam Solar Power (Pvt.) Limited
Press Release | Report | History
Power Entity 04-Apr-22 Initial AA A1+ Stable -
535 Gharibwal Cement Limited
Press Release | Report | History
Cement Entity 01-Apr-22 Maintain A A2 Stable -
536 Askari General Insurance Company Limited
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize AA+ (ifs) Stable -
537 IGI General Insurance Limited
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize AA+ (ifs) Stable -
538 Sargodha Jute Mills Limited
Press Release | Report | History
Jute Entity 31-Mar-22 Maintain A- A2 Stable -
539 Zafar Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 31-Mar-22 Initial BFR 3+ Stable -
540 Warble (Pvt.) Limited
Press Release | Report | History
Pesticides Entity 31-Mar-22 Maintain BBB- A3 Stable -
541 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Pesticides Entity 31-Mar-22 Maintain BBB- A3 Stable -
542 Jinn Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 31-Mar-22 Initial BBB A2 Stable -
543 Adamjee Insurance Company Limited
Press Release | Report | History
General Insurance IFS 31-Mar-22 Harmonize AA++ (ifs) Stable -
544 Khawaja Tanneries (Pvt.) Limited
Press Release | Report | History
Entity 30-Mar-22 Initial BBB A2 Stable -
545 Masood Fabrics Limited
Press Release | Report | History
Composite Entity 30-Mar-22 Maintain A- A2 Stable -
546 Ultra Pack (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 30-Mar-22 Initial BBB A2 Stable -
547 Sindh Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 29-Mar-22 Maintain A- A2 Stable -
548 JWS Pakistan
Press Release | Report | History
Microfinance Entity 28-Mar-22 Upgrade BBB A3 Stable -
549 SAFCO Support Foundation
Press Release | Report | History
Microfinance Entity 28-Mar-22 Maintain BBB A3 Stable -
550 Fecto Cement Limited
Press Release | Report | History
Cement Entity 25-Mar-22 Maintain A- A2 Stable Yes
551 Kohinoor Energy Limited
Press Release | Report | History
Power Entity 25-Mar-22 Maintain AA A1+ Stable -
552 Escorts Investment Bank Limited
Press Release | Report | History
Modaraba & NBFCs Entity 25-Mar-22 Maintain A- A2 Developing Yes
553 Modaraba Al-Mali
Press Release | Report | History
Modaraba & NBFCs Entity 25-Mar-22 Maintain BBB+ A2 Developing Yes
554 Pakistan Services Limited | Sukuk | Mar-18
Press Release | Report | History
Hotel & Retail Industry Debt Instrument 24-Mar-22 Maintain A - Developing Yes
555 Pakistan Services Limited
Press Release | Report | History
Hotel & Retail Industry Entity 24-Mar-22 Maintain A A1 Developing Yes
556 Saif Power Limited
Press Release | Report | History
Power Entity 22-Mar-22 Upgrade AA- A1 Stable -
557 Halmore Power Generation Company Limited
Press Release | Report | History
Power Entity 22-Mar-22 Upgrade AA- A1 Stable -
558 Unicol Limited
Press Release | Report | History
Sugar Entity 18-Mar-22 Maintain A A1 Stable -
559 Qadir Agro Industries (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 18-Mar-22 Initial BB+ A3 Stable -
560 Maksons Textile (Pvt.) Limited
Press Release | Report | History
Weaving Entity 18-Mar-22 Maintain BBB- A2 Stable -
561 Mehmooda Maqbool Mills Limited
Press Release | Report | History
Edible Oil Entity 18-Mar-22 Initial BBB A2 Stable -
562 Descon Engineering Limited
Press Release | Report | History
Construction Entity 18-Mar-22 Maintain AA- A1 Stable -
563 Reliance Petrochem Industries (Pvt.) Limited
Press Release | Report | History
Chemical Entity 16-Mar-22 Maintain BBB+ A2 Stable -
564 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Sugar Entity 16-Mar-22 Upgrade BBB+ A2 Stable -
565 Pak Elektron Limited I PPCP I 1.2bln
Press Release | Report | History
Household Appliances Debt Instrument 16-Mar-22 Initial A+ A1 Stable -
566 Fauji Cement Company Limited
Press Release | Report | History
Cement Entity 15-Mar-22 Initial A+ A1 Stable -
567 Aba Ali Habib Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 15-Mar-22 Initial BMR2 Stable -
568 Pak Oman Asset Management
Press Release | Report | History
Asset Managers Asset Manager 11-Mar-22 Maintain AM3++ Positive -
569 OLP Financial Services Pakistan Limited | PPTFC (Formerly ORIX Leasing Pakistan Limited | PPTFC)
Press Release | Report | History
Leasing / Housing Debt Instrument 08-Mar-22 Initial AA+ - Stable -
570 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Composite Entity 07-Mar-22 Upgrade A+ A1 Stable -
571 Gas & Oil Pakistan Limited | PP Sukuk
Press Release | Report | History
Oil Marketing Companies Debt Instrument 04-Mar-22 Initial AA- - Stable -
572 Liberty Wind Power 2 Limited
Press Release | Report | History
Power Entity 04-Mar-22 Maintain A- A2 Stable -
573 US Apparel & Textiles (Pvt.) Limited
Press Release | Report | History
Composite Entity 04-Mar-22 Initial A+ A1 Stable -
574 D.G. Khan Cement Company Limited
Press Release | Report | History
Cement Entity 04-Mar-22 Maintain AA- A1+ Stable -
575 Liberty Wind Power 1 Limited
Press Release | Report | History
Power Entity 04-Mar-22 Maintain A- A2 Stable -
576 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Media Entity 04-Mar-22 Maintain BBB+ A2 Stable -
577 OLP Financial Services Pakistan Limited (Formerly ORIX Leasing Pakistan Limited)
Press Release | Report | History
Leasing / Housing Entity 03-Mar-22 Maintain AA+ A1+ Stable -
578 Masood Spinning Mills Limited
Press Release | Report | History
Spinning Entity 03-Mar-22 Upgrade A- A2 Stable -
579 Allawasaya Spinning Mills (Pvt) Limited
Press Release | Report | History
Spinning Entity 03-Mar-22 Upgrade BBB- A3 Stable -
580 OLP Modaraba (Formerly ORIX Modaraba)
Press Release | Report | History
Modaraba & NBFCs Entity 03-Mar-22 Maintain AA A1+ Stable -
581 STS Oil Mills (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 03-Mar-22 Initial BB A3 Stable -
582 Ismail Construction Company (Pvt.) Limited
Press Release | Report | History
Construction Entity 03-Mar-22 Initial BBB- A2 Stable -
583 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Spinning Entity 03-Mar-22 Upgrade BBB A2 Stable -
584 Alfalah GHP Investment Management Limited
Press Release | Report | History
Asset Managers Asset Manager 03-Mar-22 Maintain AM2+ Stable -
585 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Spinning Entity 02-Mar-22 Upgrade BBB A2 Stable -
586 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Coal Mining and Trading Entity 26-Feb-22 Maintain A A2 Stable -
587 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 25-Feb-22 Maintain A- A2 Stable -
588 Sapphire Electric Company Limited
Press Release | Report | History
Power Entity 25-Feb-22 Maintain AA- A1+ Stable -
589 Fazal Rehman Fabrics Limited
Press Release | Report | History
Weaving Entity 23-Feb-22 Upgrade A A2 Stable -
590 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Spinning Entity 23-Feb-22 Upgrade A A2 Stable -
591 Alhamd Corporation (Pvt.) Limited
Press Release | Report | History
Spinning Entity 22-Feb-22 Initial A- A2 Stable -
592 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Sugar Entity 21-Feb-22 Maintain BBB A2 Stable -
593 Maqbool Textile Mills Limited
Press Release | Report | History
Spinning Entity 19-Feb-22 Maintain BBB+ A2 Stable -
594 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 19-Feb-22 Maintain BBB A2 Stable -
595 Gul Ahmed Electric Limited
Press Release | Report | History
Power Entity 18-Feb-22 Maintain A- A2 Stable -
596 Nishat Paper Products Company Limited
Press Release | Report | History
Paper and Packaging Entity 17-Feb-22 Maintain A A1 Stable -
597 Bank Alfalah Limited | TFCs | Series A
Press Release | Report | History
Commercial Bank Debt Instrument 16-Feb-22 Maintain AAA - Stable -
598 Punjab Oil Mills Limited
Press Release | Report | History
Edible Oil Entity 11-Feb-22 Maintain BBB+ A2 Stable -
599 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Edible Oil Entity 11-Feb-22 Maintain BBB- A3 Positive -
600 Shujabad Agro Industries (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 11-Feb-22 Maintain A- A2 Stable -
601 EGAS (Pvt.) Limited
Press Release | Report | History
Distribution | Gas Entity 10-Feb-22 Maintain BBB A2 Stable -