| 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 | - |