Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Martin Dow Marker Limited
Press Release | Report | History
Pharmaceutical Entity 02-Jun-23 Maintain A+ A1 Stable -
2 Pak Qatar Asan Munafa Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Jun-23 Maintain AA(f) Stable -
3 Pak Qatar Daily Dividend Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Jun-23 Maintain AA(f) Stable -
4 Pak Qatar Khalis Bachat Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Jun-23 Maintain A(f) Stable -
5 Hub Power Holdings Limited | Sukuk
Press Release | Report | History
Holding Company Debt Instrument 02-Jun-23 Maintain AA+ Stable -
6 Pak Qatar Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Jun-23 Maintain A+(f) Stable -
7 China Power Hub Generation Company (Pvt.) Limited | PPSTS-3 | PKR 7bln | Mar-23
Press Release | Report | History
Power Debt Instrument 02-Jun-23 Initial AA+ A1+ Stable -
8 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Pipeline Networks Entity 02-Jun-23 Maintain AAA A1+ Stable -
9 Pak Qatar Monthly Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Jun-23 Maintain A+(f) Stable -
10 Pak Qatar Cash Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Asset Managers Stability Rating 02-Jun-23 Maintain AA(f) Stable -
11 Khaadi Pakistan (SMC-Pvt) Limited
Press Release | Report | History
Composite Entity 01-Jun-23 Upgrade A A1 Stable -
12 Gas & Oil Pakistan Limited
Press Release | Report | History
Oil Marketing Companies Entity 01-Jun-23 Maintain A+ A1 Stable -
13 EFU General Insurance Limited
Press Release | Report | History
General Insurance IFS 01-Jun-23 Maintain AA++ (ifs) Stable -
14 Reem Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 01-Jun-23 Maintain A- A2 Stable -
15 Panther Tyres Limited
Press Release | Report | History
Tyres Entity 29-May-23 Maintain A A1 Stable -
16 Attock Refinery Limited
Press Release | Report | History
Refineries Entity 26-May-23 Maintain AA A1+ Stable Yes
17 National Refinery Limited
Press Release | Report | History
Refineries Entity 26-May-23 Maintain AA+ A1+ Negative Yes
18 K-Electric | PPSTS-13 | PKR 5bln | Feb 23
Press Release | Report | History
Power Debt Instrument 26-May-23 Initial AA A1+ Stable -
19 K-Electric | PPSTS-14 | PKR 5bln | Feb 23
Press Release | Report | History
Power Debt Instrument 26-May-23 Initial AA A1+ Stable -
20 Berger Paints Pakistan Limited | PP Sukuk | Sep -21
Press Release | Report | History
Chemical Debt Instrument 26-May-23 Maintain A Stable -
21 National Investment Trust Limited
Press Release | Report | History
Asset Managers Asset Manager 24-May-23 Maintain AM1 Stable -
22 Master Green Energy Limited
Press Release | Report | History
Power Entity 24-May-23 Maintain A A1 Stable -
23 Ziauddin University
Press Release | Report | History
Education Entity 23-May-23 Maintain BBB A2 Stable -
24 Mughal Iron & Steel Industries Limited | PPCP | PKR 2 bln | Apr-23
Press Release | Report | History
Steel Debt Instrument 22-May-23 Initial A+ A1 Stable -
25 Lucky Electric Power Company Limited | PPSTS-9 | PKR 7bln | Apr 23
Press Release | Report | History
Power Debt Instrument 22-May-23 Initial AA A1+ Stable -
26 Lucky Electric Power Company Limited | PPSTS-8 | PKR 5bln | Mar 23
Press Release | Report | History
Power Debt Instrument 22-May-23 Initial AA A1+ Stable -
27 WAPDA Dasu TFC-C
Press Release | Report | History
Power Debt Instrument 19-May-23 Initial AAA Stable -
28 Samba Bank Limited | PPTFC
Press Release | Report | History
Commercial Bank Debt Instrument 19-May-23 Maintain AA- Stable -
29 Hub Power Holdings Limited
Press Release | Report | History
Holding Company Entity 19-May-23 Maintain AA A1+ Stable -
30 WAPDA Dasu Sukuk-C
Press Release | Report | History
Power Debt Instrument 19-May-23 Initial AAA Stable -
31 Pakistan Mobile Communications Limited
Press Release | Report | History
Communication Entity 19-May-23 Maintain AA A1 Stable -
32 TPL Corp Limited
Press Release | Report | History
Holding Company Entity 18-May-23 Maintain A A1 Stable -
33 Descon Oxychem Limited
Press Release | Report | History
Chemical Entity 17-May-23 Maintain A+ A1 Stable -
34 Habib Metropolitan Financial Services Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 17-May-23 Maintain BFR 3+ Stable -
35 Crown Textile
Press Release | Report | History
Composite Entity 16-May-23 Maintain BBB- A2 Stable -
36 Entertainment Pakistan Limited
Press Release | Report | History
Real Estate Entity 16-May-23 Maintain BB A3 Stable -
37 Rainbow Hosiery (Pvt.) Limited
Press Release | Report | History
Composite Entity 15-May-23 Initial BBB- A2 Stable -
38 TRAFCO Insurance Company Limited
Press Release | Report | History
General Insurance IFS 13-May-23 Maintain BBB+ (ifs) Stable -
39 H. Nizam Din & Sons (Pvt.) Limited
Press Release | Report | History
Relief Entity 13-May-23 Upgrade A- A2 Stable -
40 KTRADE Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 12-May-23 Upgrade BFR 2 Stable -
41 Sitara Petroleum Service Limited
Press Release | Report | History
Oil Marketing Companies Entity 11-May-23 Maintain A- A2 Stable -
42 Amreli Steels Limited
Press Release | Report | History
Steel Entity 10-May-23 Maintain A- A2 Stable -
43 Abhi (Pvt.) Limited | PPSTS | PKR 2bln | TBI
Press Release | Report | History
Modaraba & NBFCs Debt Instrument 09-May-23 Preliminary AA A1+ Stable -
44 The Hub Power Company Limited | PPSTS | PKR 6bln | May-23
Press Release | Report | History
Power Debt Instrument 08-May-23 Preliminary AA+ A1+ Stable -
45 TPL Insurance Limited
Press Release | Report | History
General Insurance IFS 05-May-23 Maintain AA (ifs) Stable -
46 Salman Paper Products (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 03-May-23 Maintain BBB A2 Stable -
47 Infra Zamin Pakistan Limited
Press Release | Report | History
Credit Guarantee Institutions Entity 02-May-23 Maintain AAA A1+ Stable -
48 Nishat Mills Limited
Press Release | Report | History
Composite Entity 02-May-23 Maintain AA A1+ Stable -
49 AL Textile (Pvt.) Limited
Press Release | Report | History
Spinning Entity 02-May-23 Maintain BBB A2 Stable Yes
50 Sefam (Pvt.) Limited
Press Release | Report | History
Composite Entity 02-May-23 Maintain A- A2 Stable -
51 Telenor Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 29-Apr-23 Maintain A A1 Stable Yes
52 Apna Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 29-Apr-23 Maintain BBB+ A3 Negative Yes
53 Mobilink Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 29-Apr-23 Maintain A A1 Stable -
54 Ghani Chemical Industries Limited | PP Sukuk | PKR 800mln | TBI
Press Release | Report | History
Industrial Gases Debt Instrument 28-Apr-23 Preliminary A+ Stable -
55 Mughal Iron & Steel Industries Limited | PP Sukuk
Press Release | Report | History
Steel Debt Instrument 28-Apr-23 Maintain A+ Stable -
56 TPL Properties Limited
Press Release | Report | History
Real Estate Entity 28-Apr-23 Maintain A+ A1 Stable -
57 Pakistan Synthetics Limited
Press Release | Report | History
Paper and Packaging Entity 28-Apr-23 Maintain A- A2 Stable -
58 Rustam Towel (Pvt.) Limited
Press Release | Report | History
Towel Entity 28-Apr-23 Maintain BBB A2 Stable -
59 Alfalah CLSA Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 28-Apr-23 Maintain BFR 2+ Stable -
60 AGAHE Pakistan
Press Release | Report | History
Microfinance Entity 28-Apr-23 Maintain BBB- A3 Stable -
61 Alfalah CLSA Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 28-Apr-23 Maintain A- A1 Stable -
62 Jhimpir Power (Pvt.) Limited
Press Release | Report | History
Power Entity 27-Apr-23 Maintain A A1 Stable -
63 Hawa Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 27-Apr-23 Maintain A A1 Stable -
64 Union Microfinance Company Limited
Press Release | Report | History
Microfinance Entity 26-Apr-23 Initial BB+ A3 Stable -
65 Asif Rice Mills
Press Release | Report | History
Rice Entity 20-Apr-23 Maintain BBB+ A2 Stable -
66 Lucky Electric Power Company Limited | PPSTS-10 | PKR 6bln | Apr23
Press Release | Report | History
Power Debt Instrument 20-Apr-23 Preliminary AA A1+ Stable -
67 New Horizon Computer
Press Release | Report | History
Technology Entity 20-Apr-23 Maintain BB+ A3 Stable -
68 National Foods Limited
Press Release | Report | History
Food Products Entity 20-Apr-23 Maintain AA- A1 Stable -
69 Flying Cement Company Limited
Press Release | Report | History
Cement Entity 20-Apr-23 Maintain A- A2 Stable Yes
70 The United Insurance Company of Pakistan Limited
Press Release | Report | History
General Insurance IFS 19-Apr-23 Maintain AA+ (ifs) Stable -
71 Faysal Financial Sector Opportunity Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA-(f) Stable -
72 Atlas Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA-(f) Stable -
73 Atlas Islamic Money Market Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA(f) Stable -
74 Faysal Savings Growth Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA-(f) Stable -
75 Atlas Sovereign Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA-(f) Stable -
76 Faysal MTS Fund (FMTSF)
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA-(f) Stable -
77 Atlas Liquid Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA+(f) Stable -
78 Faysal Halal Amdani Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA(f) Stable -
79 Faysal Income and Growth Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain A(f) Stable -
80 Faysal Money Market Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA(f) Stable -
81 Atlas Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA-(f) Stable -
82 Atlas Money Market Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Apr-23 Maintain AA+(f) Stable -
83 The Hub Power Company Limited | Sukuk
Press Release | Report | History
Power Debt Instrument 14-Apr-23 Maintain AA+ Stable -
84 NBP Savings Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain A+(f) Stable -
85 NBP Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain A+(f) Stable -
86 Reliance Cotton Spinning Mills Limited
Press Release | Report | History
Spinning Entity 14-Apr-23 Maintain A- A2 Stable -
87 786 Smart Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain AA-(f) Stable -
88 NBP Islamic Money Market Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain AA(f) Stable -
89 Pakistan Mortgage Refinance Company Limited | PP Sukuk
Press Release | Report | History
DFIs Debt Instrument 14-Apr-23 Maintain AAA Stable -
90 NBP Mahana Amdani Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain AA-(f) Stable -
91 NBP Money Market Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain AA(f) Stable -
92 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain AA(f) Stable -
93 NBP Riba Free Saving Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain A+(f) Stable -
94 NBP Income Opportunity Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain A+(f) Stable -
95 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Construction Entity 14-Apr-23 Maintain BBB A2 Stable -
96 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 14-Apr-23 Maintain A+(f) Stable -
97 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 13-Apr-23 Maintain AA-(f) Stable -
98 AWT Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 13-Apr-23 Maintain A+(f) Stable -
99 Alfalah GHP Money Market Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 13-Apr-23 Maintain AA+(f) Stable -
100 AWT Money Market Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 13-Apr-23 Maintain AA+(f) Stable -
101 Alfalah GHP Sovereign Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 13-Apr-23 Maintain AA-(f) Stable -
102 Oasis Park Residencia
Press Release | Report | History
Real Estate Project Grading 13-Apr-23 Maintain PG3+ Stable -
103 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 13-Apr-23 Maintain A+(f) Stable -
104 AWT Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 13-Apr-23 Maintain A+(f) Stable -
105 Shahzad Textile Mills Limited
Press Release | Report | History
Spinning Entity 11-Apr-23 Maintain A- A2 Stable Yes
106 Lucky Electric Power Company Limited
Press Release | Report | History
Power Entity 11-Apr-23 Maintain AA A1+ Stable -
107 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Sugar Entity 10-Apr-23 Maintain A+ A1 Stable -
108 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 07-Apr-23 Maintain A- A2 Stable -
109 Mehran Sugar Mills Limited
Press Release | Report | History
Sugar Entity 06-Apr-23 Maintain A- A2 Stable -
110 SGM Sugar Mills Limited
Press Release | Report | History
Sugar Entity 06-Apr-23 Maintain BBB A2 Stable -
111 Noon Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-23 Maintain BBB+ A2 Stable -
112 Jauharabad Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-23 Maintain BBB+ A2 Stable -
113 JS Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 05-Apr-23 Maintain AA-(f) Stable -
114 First Capital Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 05-Apr-23 Maintain AM4++ Stable -
115 Popular Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-23 Maintain BBB+ A2 Stable -
116 JS Cash Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 05-Apr-23 Maintain AA+(f) Stable -
117 JS Government Securities Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 05-Apr-23 Maintain AA(f) Stable -
118 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-23 Maintain A- A2 Stable -
119 JS Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 05-Apr-23 Maintain AA(f) Stable -
120 JS Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 05-Apr-23 Maintain A+(f) Stable -
121 Quaid-e-Azam Solar Power (Pvt.) Limited
Press Release | Report | History
Power Entity 04-Apr-23 Maintain AA A1+ Stable -
122 Lucky Tex Pakistan (Pvt.) Limited
Press Release | Report | History
Composite Entity 04-Apr-23 Maintain BBB A2 Stable -
123 Madiha International (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 03-Apr-23 Maintain BB A3 Stable -
124 Mount Fuji Textiles Limited
Press Release | Report | History
Composite Entity 03-Apr-23 Initial BBB A2 Stable -
125 International Business Management
Press Release | Report | History
Paper and Packaging Entity 03-Apr-23 Maintain BB+ A3 Stable -
126 Bikiya Industries (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 03-Apr-23 Maintain BB A3 Stable -
127 Jinn Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 31-Mar-23 Maintain BBB A2 Stable -
128 Sargodha Jute Mills Limited
Press Release | Report | History
Jute Entity 30-Mar-23 Maintain A- A2 Stable -
129 Masood Fabrics Limited
Press Release | Report | History
Composite Entity 30-Mar-23 Maintain A- A2 Stable -
130 Ultra Pack (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 30-Mar-23 Maintain BBB A2 Stable -
131 Khawaja Tanneries (Pvt.) Limited
Press Release | Report | History
Entity 30-Mar-23 Upgrade BBB+ A2 Stable -
132 Alfalah GHP Cash Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 29-Mar-23 Maintain AA+(f) Stable -
133 UBL Cash Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 29-Mar-23 Maintain AA+(f) Stable -
134 H.A.R Fibres (Pvt.) Limited
Press Release | Report | History
Spinning Entity 29-Mar-23 Initial BBB- A2 Stable -
135 Gharibwal Cement Limited
Press Release | Report | History
Cement Entity 29-Mar-23 Maintain A A2 Stable -
136 Sindh Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 29-Mar-23 Maintain A- A2 Stable -
137 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 28-Mar-23 Maintain AA+(f) Stable -
138 SAFCO Microfinance Company (Private) Limited
Press Release | Report | History
Microfinance Entity 28-Mar-23 Maintain BBB A3 Stable -
139 NBP Government Securities Savings Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 28-Mar-23 Maintain AA-(f) Stable -
140 NBP Financial Sector Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 28-Mar-23 Maintain A+(f) Stable -
141 NBP Government Securities Liquid Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 28-Mar-23 Maintain AAA(f) Stable -
142 JWS Pakistan
Press Release | Report | History
Microfinance Entity 28-Mar-23 Maintain BBB A3 Stable -
143 Qadir Agro Industries (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 27-Mar-23 Maintain BB+ A3 Stable -
144 Fecto Cement Limited
Press Release | Report | History
Cement Entity 24-Mar-23 Maintain A- A2 Stable Yes
145 Kohinoor Energy Limited
Press Release | Report | History
Power Entity 24-Mar-23 Maintain AA A1+ Stable -
146 Malik MIJ Chunxing Resources Recycling Company Limited
Press Release | Report | History
Entity 22-Mar-23 Upgrade BBB+ A2 Stable -
147 Alfalah GHP Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 22-Mar-23 Upgrade AA-(f) Stable -
148 NBP Islamic Savings Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 22-Mar-23 Maintain AA-(f) Stable -
149 Halmore Power Generation Company Limited
Press Release | Report | History
Power Entity 22-Mar-23 Maintain AA- A1 Stable -
150 Saif Power Limited
Press Release | Report | History
Power Entity 22-Mar-23 Maintain AA- A1 Stable -
151 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Pesticides Entity 21-Mar-23 Maintain BBB- A2 Stable -
152 Warble (Pvt.) Limited
Press Release | Report | History
Pesticides Entity 21-Mar-23 Maintain BBB- A2 Stable -
153 AKD Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 20-Mar-23 Initial AA(f) Stable -
154 Lucky Electric Power Company Limited | PPSTS-7 | PKR 5bln | Feb23
Press Release | Report | History
Power Debt Instrument 20-Mar-23 Initial AA A1+ Stable -
155 US Denim Mills (Pvt.) Limited
Press Release | Report | History
Weaving Entity 20-Mar-23 Initial A A1 Stable -
156 AWT Financial Sector Income Fund
Press Release | Report | History
Asset Managers Stability Rating 20-Mar-23 Initial A+(f) Stable -
157 Escorts Investment Bank Limited
Press Release | Report | History
Modaraba & NBFCs Entity 20-Mar-23 Maintain A- A2 Developing Yes
158 Maksons Textile (Pvt.) Limited
Press Release | Report | History
Weaving Entity 18-Mar-23 Maintain BBB- A2 Stable -
159 Descon Engineering Limited
Press Release | Report | History
Construction Entity 17-Mar-23 Maintain AA- A1 Stable -
160 ASA Microfinance Bank (Pakistan) Limited (Formerly ASA Pakistan Limited)
Press Release | Report | History
Microfinance Social Impact and Performance Rating 17-Mar-23 Initial SIP2 Stable -
161 Unicol Limited
Press Release | Report | History
Sugar Entity 17-Mar-23 Maintain A A1 Stable -
162 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Sugar Entity 16-Mar-23 Maintain BBB+ A2 Stable -
163 Reliance Petrochem Industries (Pvt.) Limited
Press Release | Report | History
Chemical Entity 16-Mar-23 Maintain BBB+ A2 Stable -
164 Pakistan Services Limited | Sukuk | Mar-18
Press Release | Report | History
Hotel & Retail Industry Debt Instrument 15-Mar-23 Downgrade A- Negative Yes
165 Aba Ali Habib Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 15-Mar-23 Maintain A- A2 Stable -
166 Pakistan Services Limited
Press Release | Report | History
Hotel & Retail Industry Entity 15-Mar-23 Downgrade A- A2 Negative Yes
167 Fauji Cement Company Limited
Press Release | Report | History
Cement Entity 15-Mar-23 Upgrade AA- A1 Stable -
168 Aba Ali Habib Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 15-Mar-23 Maintain BMR2 Stable -
169 Imperium Hospitality (Pvt.) Limited
Press Release | Report | History
Real Estate Entity 13-Mar-23 Initial BBB A2 Stable -
170 Pak Oman Asset Management
Press Release | Report | History
Asset Managers Asset Manager 10-Mar-23 Maintain AM3++ Positive -
171 Zafar Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 09-Mar-23 Maintain BFR 3+ Stable -
172 Pakistan Income Enhancement Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain A+(f) Stable -
173 Lakson Money Market Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA+(f) Stable -
174 NIT Government Bond Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA(f) Stable -
175 MCB Cash Management Optimizer
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA+(f) Stable -
176 NIT Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA-(f) Stable -
177 NIT Money Market Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AAA(f) Stable -
178 Alhamra Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA-(f) Stable -
179 Alhamra Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA-(f) Stable -
180 5th Pillar Family Takaful Limited
Press Release | Report | History
Life Insurance IFS 09-Mar-23 Initial A+ (ifs) Stable -
181 MCB Pakistan Sovereign Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA-(f) Stable -
182 Pakistan Cash Management Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA+(f) Stable -
183 MCB DCF Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA-(f) Stable -
184 NIT Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 09-Mar-23 Maintain AA-(f) Stable -
185 AKD Cash Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 08-Mar-23 Maintain AA+(f) Stable -
186 AKD Aggressive Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 08-Mar-23 Maintain A+(f) Stable -
187 Jubilee Life Insurance Company Limited
Press Release | Report | History
Life Insurance IFS 07-Mar-23 Initial AA++ (ifs) Stable -
188 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Composite Entity 07-Mar-23 Upgrade AA- A1 Stable -
189 Lakson Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 06-Mar-23 Maintain A+(f) Stable Yes
190 AKD Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 06-Mar-23 Maintain AA-(f) Stable -
191 Lakson Islamic Money Market Fund
Press Release | Report | History
Asset Managers Stability Rating 06-Mar-23 Maintain AA(f) Stable -
192 US Apparel & Textiles (Pvt.) Limited
Press Release | Report | History
Composite Entity 04-Mar-23 Maintain A+ A1 Stable -
193 OLP Financial Services Pakistan Limited | PPTFC (Formerly ORIX Leasing Pakistan Limited | PPTFC)
Press Release | Report | History
Modaraba & NBFCs Debt Instrument 03-Mar-23 Maintain AA+ Stable -
194 Masood Spinning Mills Limited
Press Release | Report | History
Spinning Entity 03-Mar-23 Maintain A- A2 Stable -
195 D.G. Khan Cement Company Limited
Press Release | Report | History
Cement Entity 03-Mar-23 Maintain AA- A1+ Stable -
196 Allawasaya Spinning Mills (Pvt) Limited
Press Release | Report | History
Spinning Entity 03-Mar-23 Maintain BBB- A3 Stable Yes
197 Alfalah Asset Management Limited (Formerly: Alfalah GHP Investment Management Limited)
Press Release | Report | History
Asset Managers Asset Manager 03-Mar-23 Maintain AM2+ Stable -
198 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Spinning Entity 03-Mar-23 Maintain BBB A2 Stable Yes
199 OLP Modaraba (Formerly ORIX Modaraba)
Press Release | Report | History
Modaraba & NBFCs Entity 03-Mar-23 Maintain AA A1+ Stable -
200 OLP Financial Services Pakistan Limited (Formerly ORIX Leasing Pakistan Limited)
Press Release | Report | History
Modaraba & NBFCs Entity 03-Mar-23 Maintain AA+ A1+ Stable -
201 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Media Entity 03-Mar-23 Maintain BBB+ A2 Stable -
202 Gas & Oil Pakistan Limited | PP Sukuk
Press Release | Report | History
Oil Marketing Companies Debt Instrument 03-Mar-23 Maintain AA- Stable -
203 Ismail Construction Company (Pvt.) Limited
Press Release | Report | History
Construction Entity 02-Mar-23 Maintain BBB- A2 Stable -
204 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Mutual Funds | Performance Stability Rating 02-Mar-23 Maintain AA+(f) Stable -
205 Pakistan Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 02-Mar-23 Maintain AA-(f) Stable -
206 Poly Pack (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 02-Mar-23 Initial A- A2 Stable -
207 Adamjee Insurance Company Limited
Press Release | Report | History
General Insurance IFS 02-Mar-23 Maintain AA++ (ifs) Stable -
208 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Spinning Entity 02-Mar-23 Maintain BBB A2 Stable -
209 AL Habib Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 02-Mar-23 Maintain AA(f) Stable -
210 Eastern Garments (Pvt.) Limited
Press Release | Report | History
Composite Entity 02-Mar-23 Upgrade A- A2 Stable -
211 AL Habib Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 02-Mar-23 Maintain AA(f) Stable -
212 Liberty Wind Power 2 Limited
Press Release | Report | History
Power Entity 01-Mar-23 Upgrade A A2 Stable -
213 FINCA Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 01-Mar-23 Downgrade A- A2 Developing Yes
214 Liberty Wind Power 1 Limited
Press Release | Report | History
Power Entity 01-Mar-23 Upgrade A A2 Stable -
215 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 24-Feb-23 Maintain A- A2 Stable -
216 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Coal Mining and Trading Entity 24-Feb-23 Maintain A A2 Stable -
217 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Composite Entity 23-Feb-23 Upgrade A A1 Stable -
218 IGI General Insurance Limited
Press Release | Report | History
General Insurance IFS 23-Feb-23 Maintain AA+ (ifs) Stable -
219 Bank AL Habib Limited | Tier-II | TFC X | PKR 7bln | Dec'22
Press Release | Report | History
Commercial Bank Debt Instrument 23-Feb-23 Initial AAA Stable -
220 Sapphire Electric Company Limited
Press Release | Report | History
Power Entity 22-Feb-23 Maintain AA- A1+ Stable -
221 Alhamd Corporation (Pvt.) Limited
Press Release | Report | History
Spinning Entity 22-Feb-23 Maintain A- A2 Stable -
222 Hyundai Nishat Motor (Pvt.) Limited
Press Release | Report | History
Passenger Cars Entity 21-Feb-23 Initial A+ A1 Stable -
223 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Sugar Entity 20-Feb-23 Maintain BBB A2 Stable -
224 Maqbool Textile Mills Limited
Press Release | Report | History
Spinning Entity 18-Feb-23 Maintain BBB+ A2 Stable Yes
225 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 18-Feb-23 Maintain BBB A2 Stable -
226 Askari High Yield Scheme
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Feb-23 Maintain A(f) Stable -
227 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Feb-23 Maintain A+(f) Stable -
228 Nishat Paper Products Company Limited
Press Release | Report | History
Paper and Packaging Entity 17-Feb-23 Maintain A A1 Stable -
229 Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund)
Press Release | Report | History
Mutual Funds | Performance Stability Rating 17-Feb-23 Maintain A+(f) Stable -
230 Gul Ahmed Electric Limited
Press Release | Report | History
Power Entity 17-Feb-23 Upgrade A A2 Stable -
231 Thar Energy Limited
Press Release | Report | History
Power Entity 16-Feb-23 Upgrade A A2 Stable -
232 Bank Alfalah Limited | TFCs | Series A
Press Release | Report | History
Commercial Bank Debt Instrument 16-Feb-23 Maintain AAA Stable -
233 ThalNova Power Thar (Pvt.) Limited
Press Release | Report | History
Power Entity 16-Feb-23 Upgrade A A2 Stable -
234 Bank Alfalah Limited | Additional Tier 1 TFC | PKR 7bln | Dec'22
Press Release | Report | History
Commercial Bank Debt Instrument 14-Feb-23 Initial AA- Stable -
235 Askari General Insurance Company Limited
Press Release | Report | History
General Insurance IFS 14-Feb-23 Maintain AA+ (ifs) Stable -
236 AKD Opportunity Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 13-Feb-23 Improved 5-Star 3-Star Stable -
237 AKD Islamic Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 13-Feb-23 Same 4-Star 2-Star -
238 Golden Arrow Stock Fund (Formerly: Golden Arrow Selected Stocks Fund)
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 13-Feb-23 Improved 5-Star 4-Star -
239 NBP Balanced Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Same 4-Star 4-Star -
240 BMA Investment Advisors Limited (Formerly BMA Asset Management Company Limited)
Press Release | Report | History
Asset Managers Investment Advisor Rating 10-Feb-23 Upgrade AM2 (ia) Stable -
241 Faysal Asset Allocation Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Improved 5-Star 2-Star -
242 Faysal Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Same 4-Star 2-Star -
243 NBP Islamic Active Allocation Equity Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Same 5-Star 3-Star -
244 First Capital Mutual Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Improved 2-Star 3-Star -
245 NBP Islamic Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Same 3-Star 3-Star -
246 EGAS (Pvt.) Limited
Press Release | Report | History
Distribution | Gas Entity 10-Feb-23 Maintain BBB A2 Stable -
247 NBP Stock Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Same 3-Star 3-Star -
248 Punjab Oil Mills Limited
Press Release | Report | History
Edible Oil Entity 10-Feb-23 Maintain BBB+ A2 Stable -
249 NBP Sarmaya Izafa Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Same 3-Star 3-Star -
250 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Same 3-Star 2-Star -
251 Shujabad Agro Industries (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 10-Feb-23 Maintain A- A2 Stable -
252 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Mutual Funds | Performance Performance Ranking 10-Feb-23 Improved 5-Star 5-Star -
253 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Edible Oil Entity 10-Feb-23 Maintain BBB- A3 Positive -
254 Mehmooda Maqbool Mills Limited
Press Release | Report | History
Edible Oil Entity 09-Feb-23 Upgrade BBB+ A2 Stable -
255 Pak Qatar General Takaful Limited
Press Release | Report | History
General Insurance IFS 08-Feb-23 Maintain A+ (ifs) Stable -
256 Ibrahim Fibres Limited
Press Release | Report | History
Polyester Entity 08-Feb-23 Maintain AA A1+ Stable -
257 Denim-E (Pvt.) Limited
Press Release | Report | History
Composite Entity 07-Feb-23 Maintain BBB- A2 Stable -
258 Sabirs' Vegetable Oils (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 02-Feb-23 Maintain BBB- A3 Stable -
259 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 -
260 Mobilink Microfinance Bank Limited | PPTFC | Dec-22
Press Release | Report | History
Microfinance Debt Instrument 02-Feb-23 Initial A- - Stable -
261 K-Electric | PPSTS-12 | PKR 5bln | Dec-22
Press Release | Report | History
Power Debt Instrument 02-Feb-23 Initial AA A1+ Stable -
262 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 -
263 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 -
264 Salaam Takaful Limited (Formerly: Takaful Pakistan Limited)
Press Release | Report | History
General Insurance IFS 01-Feb-23 Maintain A++ (ifs) Stable -
265 Jasons Commodities
Press Release | Report | History
Rice Entity 31-Jan-23 Maintain BBB- A2 Stable -
266 Sitara Heights (Pvt.) Limited
Press Release | Report | History
Real Estate Entity 31-Jan-23 Maintain A- A2 Stable Yes
267 Zahir Khan & Brothers
Press Release | Report | History
Construction Entity 31-Jan-23 Maintain A A2 Stable -
268 Techno Time Construction (Pvt.) Limited
Press Release | Report | History
Construction Entity 31-Jan-23 Maintain BBB A2 Stable -
269 Sindh Insurance Limited
Press Release | Report | History
General Insurance IFS 31-Jan-23 Maintain A++ (ifs) Stable -
270 Sui Southern Gas Company Limited
Press Release | Report | History
Distribution | Gas Entity 31-Jan-23 Upgrade A+ A1 Stable Yes
271 Khushhali Microfinance Bank Limited | PPTFC | PKR 1.5bln | Jun-22
Press Release | Report | History
Microfinance Debt Instrument 30-Jan-23 Downgrade BB Developing Yes
272 KAM International
Press Release | Report | History
Composite Entity 27-Jan-23 Maintain A- A2 Stable -
273 Latif Textile Mills (Pvt.) Limited
Press Release | Report | History
Composite Entity 27-Jan-23 Maintain BBB- A2 Stable -
274 Crescent Star Insurance Limited
Press Release | Report | History
General Insurance IFS 27-Jan-23 Maintain A (ifs) Stable Yes
275 Al Barka Fabrics (Pvt.) Limited
Press Release | Report | History
Composite Entity 27-Jan-23 Maintain BBB+ A2 Stable -
276 Loads Limited | ICP-1 | Dec-22
Press Release | Report | History
Automotive Parts Debt Instrument 27-Jan-23 Initial A A1 Stable -
277 Nishat Mills Limited | PPSTS
Press Release | Report | History
Composite Debt Instrument 26-Jan-23 Initial AA A1+ Stable -
278 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 26-Jan-23 Maintain A- A1 Stable -
279 Kohat Cement Company Limited
Press Release | Report | History
Cement Entity 26-Jan-23 Maintain A A1 Positive -
280 Mughal Iron & Steel Industries Limited | PP Sukuk | PKR 5bln | TBI
Press Release | Report | History
Steel Debt Instrument 25-Jan-23 Preliminary AA- - Stable -
281 Ali Embroidery Mills (Pvt.) Limited
Press Release | Report | History
Composite Entity 23-Jan-23 Initial BBB A2 Stable -
282 Oursun Pakistan Limited
Press Release | Report | History
Power Entity 23-Jan-23 Maintain A A1 Stable -
283 Usman Steels (Pvt.) Limited
Press Release | Report | History
Shipping Entity 20-Jan-23 Maintain BBB A2 Stable -
284 Fatima Fertilizer Company Limited
Press Release | Report | History
Fertilizer Entity 20-Jan-23 Upgrade AA+ A1+ Stable -
285 ACT2 Din Wind (Pvt) Limited ( formerly: ACT2 Wind (Pvt.) Limited )
Press Release | Report | History
Power Entity 18-Jan-23 Upgrade A- A2 Stable -
286 H. Sheikh Noor-ud-Din & Sons (Private) Limited
Press Release | Report | History
Relief Entity 18-Jan-23 Maintain BBB A2 Stable -
287 Toyota Jinnah Motors (Pvt.) Limited
Press Release | Report | History
Passenger Cars Entity 18-Jan-23 Maintain BBB A2 Stable -
288 Al-Khair Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 18-Jan-23 Upgrade BBB A2 Stable -
289 Dynamic Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 17-Jan-23 Initial BBB A2 Stable -
290 BRB Properties Builders and Developers
Press Release | Report | History
Real Estate Entity 17-Jan-23 Maintain BB+ A3 Stable -
291 Loads Limited
Press Release | Report | History
Automotive Parts Entity 16-Jan-23 Maintain A A1 Negative Yes
292 Spud Energy Pty Limited (Pakistan Branch)
Press Release | Report | History
Oil Exploration & Production Entity 13-Jan-23 Maintain A A1 Stable -
293 Ahmed Hassan Spinning Limited
Press Release | Report | History
Spinning Entity 11-Jan-23 Maintain BBB A2 Negative Yes
294 Foundation Power Company Daharki Limited
Press Release | Report | History
Power Entity 06-Jan-23 Maintain AA- A1+ Stable -
295 ISE Towers REIT Management Company Limited
Press Release | Report | History
Modaraba & NBFCs Entity 06-Jan-23 Maintain A A1 Stable -
296 Multi Resin Industries
Press Release | Report | History
Chemical Entity 03-Jan-23 Maintain BBB- A2 Stable -
297 JS Rental REIT
Press Release | Report | History
Real Estate Rental REIT Fund 03-Jan-23 Initial A+(rr) Stable -
298 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Composite Entity 31-Dec-22 Maintain A- A2 Stable -
299 Sayban International
Press Release | Report | History
Pesticides Entity 31-Dec-22 Upgrade BBB- A2 Stable -
300 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Power Entity 30-Dec-22 Maintain AA+ A1+ Stable -
301 AL Habib Islamic Cash Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 30-Dec-22 Initial AA+(f) Stable -
302 Azhar Corporation (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 30-Dec-22 Maintain BBB A2 Stable -
303 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharmaceutical Entity 30-Dec-22 Maintain AA- A1 Stable -
304 AL Habib Islamic Savings Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 30-Dec-22 Initial AA(f) Stable -
305 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Furniture & Fixtures Entity 30-Dec-22 Maintain A- A2 Stable -
306 Alhamra Wada Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 30-Dec-22 Initial AA(f) Stable -
307 Reliance Insurance Company Limited
Press Release | Report | History
General Insurance IFS 30-Dec-22 Initial A+ (ifs) Stable -
308 Pak Oman Daily Dividend Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 30-Dec-22 Maintain AA(f) Stable -
309 MCB Pakistan Fixed Return Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 30-Dec-22 Initial AA+(f) Stable -
310 Ahmad Hassan Textile Mills Limited
Press Release | Report | History
Weaving Entity 30-Dec-22 Initial BBB+ A2 Stable -
311 Novapack (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 30-Dec-22 Initial BBB- A3 Stable -
312 Pak Elektron Limited | PP Sukuk
Press Release | Report | History
Household Appliances Debt Instrument 28-Dec-22 Maintain A+ A1 Stable -
313 Allah Tawaqal Metals (Pvt.) Limited
Press Release | Report | History
Steel Entity 28-Dec-22 Upgrade BB+ A3 Stable -
314 HBL Microfinance Bank (The First MicroFinanceBank Limited)
Press Release | Report | History
Microfinance Entity 28-Dec-22 Maintain A+ A1 Stable -
315 Cherat Cement Company Limited
Press Release | Report | History
Cement Entity 28-Dec-22 Maintain A+ A1 Stable -
316 Al Rahim Textile Industries Limited
Press Release | Report | History
Towel Entity 28-Dec-22 Upgrade A A1 Stable -
317 JS Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 27-Dec-22 Upgrade AM2+ Stable -
318 Pakistan National Shipping Corporation
Press Release | Report | History
Shipping Entity 23-Dec-22 Maintain AA A1+ Stable -
319 EFG Hermes Pakistan Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 23-Dec-22 Maintain BMR2+ Stable -
320 TPL Trakker Limited
Press Release | Report | History
Tracking Services Entity 23-Dec-22 Maintain A- A2 Stable -
321 EFG Hermes Pakistan Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 23-Dec-22 Maintain BFR 2+ Stable -
322 786 Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 23-Dec-22 Maintain AM3 Stable -
323 EFG Hermes Pakistan Limited
Press Release | Report | History
Brokerage & Securities Entity 23-Dec-22 Maintain A- A1 Stable -
324 Atlas Asset Management Limited
Press Release | Report | History
Asset Managers Asset Manager 23-Dec-22 Maintain AM2+ Stable -
325 Reliance Weaving Mills Limited
Press Release | Report | History
Composite Entity 23-Dec-22 Maintain A A2 Stable -
326 TPL REIT Management Company Limited
Press Release | Report | History
Real Estate REIT Manager Rating 23-Dec-22 Maintain RM 3+ Stable -
327 TOTAL PARCO Pakistan Limited
Press Release | Report | History
Oil Marketing Companies Entity 23-Dec-22 Initial AAA A1+ Stable -
328 Siddiqsons Tinplate Limited
Press Release | Report | History
Paper and Packaging Entity 23-Dec-22 Maintain A- A2 Stable -
329 TPL REIT Fund I
Press Release | Report | History
Real Estate REIT Fund Rating 23-Dec-22 Initial RFR 3+ Stable -
330 Tariq Glass Industries Limited
Press Release | Report | History
Entity 23-Dec-22 Maintain A+ A1 Stable -
331 Cherat Packaging Limited
Press Release | Report | History
Paper and Packaging Entity 23-Dec-22 Maintain A A1 Positive -
332 United Ethanol Industries Limited
Press Release | Report | History
Sugar Entity 22-Dec-22 Maintain A- A2 Stable -
333 EXIDE Pakistan Limited
Press Release | Report | History
Entity 22-Dec-22 Maintain BBB A2 Stable -
334 Swat Agro Chemicals
Press Release | Report | History
Pesticides Entity 21-Dec-22 Initial BBB- A2 Stable -
335 Orient Petroleum Inc. (Pakistan Branch)
Press Release | Report | History
Oil Exploration & Production Entity 21-Dec-22 Maintain A- A2 Stable -
336 Zaver Petroleum Corporation (Pvt.) Limited
Press Release | Report | History
Oil Exploration & Production Entity 21-Dec-22 Maintain A- A2 Stable -
337 NRSP Microfinance Bank Limited | Tier II TFC
Press Release | Report | History
Microfinance Debt Instrument 21-Dec-22 Maintain A- - Negative Yes
338 U Microfinance Bank Limited | TFC | Dec-22
Press Release | Report | History
Microfinance Debt Instrument 20-Dec-22 Preliminary AA- Stable -
339 Arif Habib Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 16-Dec-22 Maintain BMR1 Stable -
340 MACPAC Films Limited
Press Release | Report | History
Paper and Packaging Entity 16-Dec-22 Maintain BBB A2 Stable -
341 IGI Holdings Limited
Press Release | Report | History
Holding Company Entity 16-Dec-22 Maintain AA A1+ Stable -
342 WAPDA | PPTFC | May-17
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Maintain AAA Stable -
343 Arif Habib Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 16-Dec-22 Maintain BFR 1 Stable -
344 WAPDA | Sukuk | May-17
Press Release | Report | History
Power Debt Instrument 16-Dec-22 Maintain AAA Stable -
345 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Construction Entity 15-Dec-22 Upgrade A- A2 Stable -
346 JS Global Capital Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 14-Dec-22 Maintain BFR 1 Stable -
347 UBL Special Savings Plan – II under UBL Special Savings Fund (USSP-II)
Press Release | Report | History
Mutual Funds | Performance Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
348 NRSP Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 14-Dec-22 Downgrade A- A2 Negative Yes
349 UBL Special Savings Plan – V under UBL Special Savings Fund (USSP-V)
Press Release | Report | History
Mutual Funds | Performance Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
350 UBL Special Savings Plan – III under UBL Special Savings Fund (USSP-III)
Press Release | Report | History
Mutual Funds | Performance Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
351 UBL Special Savings Plan – IV under UBL Special Savings Fund (USSP-IV)
Press Release | Report | History
Mutual Funds | Performance Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
352 UBL Special Savings Plan – VI under UBL Special Savings Fund (USSP-VI)
Press Release | Report | History
Mutual Funds | Performance Capital Preservation Rating 14-Dec-22 Initial CP2+ Stable -
353 Mega Conglomerate (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 14-Dec-22 Maintain AA- A1 Stable -
354 JS Global Capital Limited
Press Release | Report | History
Brokerage & Securities Entity 14-Dec-22 Maintain AA A1+ Stable -
355 JS Global Capital Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 14-Dec-22 Maintain BMR1 Stable -
356 Sapphire Retail Limited
Press Release | Report | History
Composite Entity 14-Dec-22 Maintain A- A2 Stable -
357 Rural Community Development Programmes
Press Release | Report | History
Microfinance Social Impact and Performance Rating 13-Dec-22 Initial SIP3++ Stable -
358 CSC Empowerment & Inclusion Programme
Press Release | Report | History
Microfinance Social Impact and Performance Rating 13-Dec-22 Initial SIP3 Stable -
359 JS Microfinance Sector Fund
Press Release | Report | History
Mutual Funds | Performance Stability Rating 12-Dec-22 Maintain A(f) Stable -
360 Ismail Industries Limited
Press Release | Report | History
Food Products Entity 09-Dec-22 Upgrade A+ A1 Stable -
361 Be Be Jan Pakistan Limited
Press Release | Report | History
Composite Entity 09-Dec-22 Initial BBB A2 Stable -
362 Pakistan Oil Mills (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 09-Dec-22 Maintain BBB+ A2 Stable -
363 Pak Arab Refinery Limited
Press Release | Report | History
Refineries Entity 09-Dec-22 Maintain AAA A1+ Stable -
364 Habib Insurance Company Limited
Press Release | Report | History
General Insurance IFS 09-Dec-22 Maintain A++ (ifs) Stable -
365 KSB Pumps Company Limited
Press Release | Report | History
Machinery Entity 08-Dec-22 Maintain A+ A1 Stable Yes
366 Kingcrete Builders
Press Release | Report | History
Construction Entity 02-Dec-22 Maintain BBB A2 Stable -
367 Mughal Energy Limited
Press Release | Report | History
Power Entity 01-Dec-22 Initial A A2 Stable -
368 Spectrum Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 30-Nov-22 Maintain BMR3+ Stable -
369 Spectrum Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 30-Nov-22 Maintain BFR 3 Stable -
370 Abhi (Pvt.) Limited
Press Release | Report | History
Modaraba & NBFCs Entity 28-Nov-22 Initial A- A2 Stable -
371 East West Insurance Company Limited
Press Release | Report | History
General Insurance IFS 25-Nov-22 Maintain AA (ifs) Stable -
372 Samad Rubber Works (Pvt.) Limited
Press Release | Report | History
Chemical Entity 25-Nov-22 Initial BBB+ A2 Stable -
373 Sapphire Finishing Mills Limited
Press Release | Report | History
Composite Entity 25-Nov-22 Maintain A A1 Stable -
374 Stylers International Limited
Press Release | Report | History
Composite Entity 24-Nov-22 Initial A A1 Stable -
375 Pakistan Aluminium Beverage Cans Limited
Press Release | Report | History
Paper and Packaging Entity 24-Nov-22 Initial A+ A1 Stable -
376 HUM Network Limited
Press Release | Report | History
Media Entity 24-Nov-22 Maintain A+ A1 Stable -
377 WAPDA Dasu Sukuk-B
Press Release | Report | History
Power Debt Instrument 23-Nov-22 Maintain AAA Stable -
378 Amanah Investments Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 23-Nov-22 Maintain BMR3 Stable -
379 DIC Pakistan Limited
Press Release | Report | History
Chemical Entity 23-Nov-22 Initial AA- A1 Stable -
380 Sapphire Fibres Limited
Press Release | Report | History
Composite Entity 23-Nov-22 Maintain A+ A1 Stable -
381 Ghani Global Glass Limited
Press Release | Report | History
Entity 23-Nov-22 Maintain BBB+ A2 Positive -
382 Popular Aseptic Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 23-Nov-22 Initial BBB A2 Stable -
383 Inbox Business Technologies Limited
Press Release | Report | History
Technology Entity 23-Nov-22 Upgrade A- A2 Stable -
384 Chanar Energy Limited
Press Release | Report | History
Power Entity 22-Nov-22 Maintain BBB- A3 Stable Yes
385 Platinum Steel Mill (Pvt.) Limited
Press Release | Report | History
Steel Entity 22-Nov-22 Initial BBB- A2 Stable -
386 Airlink Communication
Press Release | Report | History
Mobile Phone and Allied Products Entity 22-Nov-22 Maintain A A1 Stable -
387 Ghani Global Holdings Limited
Press Release | Report | History
Holding Company Entity 22-Nov-22 Maintain A- A2 Positive -
388 KTRADE Securities Limited
Press Release | Report | History
Brokerage & Securities Entity 22-Nov-22 Maintain A- A2 Stable -
389 WAPDA Dasu TFC-B
Press Release | Report | History
Power Debt Instrument 18-Nov-22 Maintain AAA Stable -
390 Ahmed Fine Weaving Limited
Press Release | Report | History
Weaving Entity 18-Nov-22 Maintain A- A2 Stable -
391 Glamour Textile Mills Limited
Press Release | Report | History
Spinning Entity 16-Nov-22 Initial BBB- A2 Stable -
392 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 10-Nov-22 Upgrade A+ A1 Stable -
393 Liberty Power Tech Limited
Press Release | Report | History
Power Entity 10-Nov-22 Upgrade AA- A1 Stable -
394 Jubilee General Insurance Company Limited
Press Release | Report | History
General Insurance IFS 03-Nov-22 Maintain AA++ (ifs) Stable -
395 Etihad Alloys (Pvt.) Limited
Press Release | Report | History
Steel Entity 02-Nov-22 Upgrade BBB- A3 Developing -
396 Zahidjee Textile Mills Limited
Press Release | Report | History
Composite Entity 02-Nov-22 Upgrade A A1 Stable -
397 Orient Rental Modaraba
Press Release | Report | History
Modaraba & NBFCs Entity 31-Oct-22 Maintain A- A2 Stable -
398 Islamabad Farms
Press Release | Report | History
Poultry Entity 29-Oct-22 Maintain BBB- A3 Stable -
399 Optimus Capital Management (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 28-Oct-22 Maintain BFR 3++ Stable -
400 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 28-Oct-22 Maintain BMR2 Stable -
401 Habib Metropolitan Financial Services Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 28-Oct-22 Maintain BMR2 Stable -
402 ABL Asset Management Company Limited
Press Release | Report | History
Asset Managers Asset Manager 26-Oct-22 Upgrade AM1 Stable -
403 AGP Limited
Press Release | Report | History
Pharmaceutical Entity 26-Oct-22 Maintain A+ A1 Stable -
404 Pharmagen Limited
Press Release | Report | History
Pharmaceutical Entity 25-Oct-22 Maintain A- A2 Stable -
405 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 22-Oct-22 Maintain BBB- A2 Positive -
406 Ghandhara Industries Limited
Press Release | Report | History
Trucks & Buses Entity 21-Oct-22 Maintain A+ A1 Stable -
407 Ghandhara Nissan Limited
Press Release | Report | History
Trucks & Buses Entity 21-Oct-22 Maintain A A1 Stable -
408 Postal Life Insurance Company Limited
Press Release | Report | History
Life Insurance IFS 21-Oct-22 Initial A+ (ifs) Stable -
409 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Steel Entity 21-Oct-22 Maintain A+ A1 Stable -
410 CCL Pharmaceuticals (Pvt.) Limited
Press Release | Report | History
Pharmaceutical Entity 20-Oct-22 Maintain A A1 Stable -
411 Secure Logistics Group Limited
Press Release | Report | History
Trucks & Buses Entity 15-Oct-22 Maintain A A2 Stable -
412 Engro Eximp Agriproducts (Pvt.) Limited
Press Release | Report | History
Rice Entity 14-Oct-22 Maintain A- A2 Stable -
413 Jhulay Lal Parboiled Rice Mill
Press Release | Report | History
Rice Entity 14-Oct-22 Maintain BBB A2 Stable -
414 Hassan Ali Rice Export Company
Press Release | Report | History
Rice Entity 13-Oct-22 Upgrade BBB+ A2 Stable -
415 Awami Agro Commodities
Press Release | Report | History
Rice Entity 13-Oct-22 Upgrade BBB A2 Stable -
416 Din Energy Limited
Press Release | Report | History
Power Entity 13-Oct-22 Upgrade A A2 Stable -
417 A.J. Textile Mills Limited
Press Release | Report | History
Spinning Entity 12-Oct-22 Maintain A- A2 Stable -
418 Habib Construction Services Limited
Press Release | Report | History
Construction Entity 12-Oct-22 Upgrade BBB+ A2 Stable -
419 Irfan Noman Brothers (Pvt.) Limited
Press Release | Report | History
Rice Entity 10-Oct-22 Initial BBB+ A2 Stable -
420 MCB-Arif Habib Savings and Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 06-Oct-22 Maintain AM1 Stable -
421 Bank of Khyber
Press Release | Report | History
Commercial Bank Entity 04-Oct-22 Upgrade A+ A1 Stable -
422 LalPir Power Limited
Press Release | Report | History
Power Entity 30-Sep-22 Maintain AA A1 Stable -
423 Thardeep Microfinance Foundation
Press Release | Report | History
Microfinance Entity 30-Sep-22 Maintain BBB A3 Stable Yes
424 PakGen Power Limited
Press Release | Report | History
Power Entity 30-Sep-22 Maintain AA A1 Stable -
425 Master Wind Energy Limited
Press Release | Report | History
Power Entity 30-Sep-22 Maintain A+ A1 Stable -
426 Ravi Automobile (Pvt.) Limited
Press Release | Report | History
Automotive Parts Entity 29-Sep-22 Maintain BBB A2 Stable -
427 My Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 27-Sep-22 Initial BBB+ A2 Stable -
428 Kashf Foundation | PPTFC
Press Release | Report | History
Microfinance Debt Instrument 24-Sep-22 Maintain A Stable -
429 Nishat Power Limited
Press Release | Report | History
Power Entity 24-Sep-22 Maintain AA- A1 Stable -
430 Service Industries Limited
Press Release | Report | History
Tyres Entity 24-Sep-22 Maintain AA- A1 Stable -
431 Kashf Foundation
Press Release | Report | History
Microfinance Entity 24-Sep-22 Maintain A- A2 Stable -
432 First Habib Modaraba
Press Release | Report | History
Modaraba & NBFCs Entity 23-Sep-22 Maintain AA+ A1+ Stable -
433 Global Marketing Services
Press Release | Report | History
Pharmaceutical Entity 23-Sep-22 Maintain BBB A2 Stable -
434 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Power Entity 23-Sep-22 Maintain AA- A1 Stable -
435 Nagina Cotton Mills Limited
Press Release | Report | History
Spinning Entity 23-Sep-22 Maintain A- A2 Stable -
436 Prosperity Weaving Mills Limited
Press Release | Report | History
Weaving Entity 23-Sep-22 Maintain A- A2 Stable -
437 Ellcot Spinning Mills Limited
Press Release | Report | History
Spinning Entity 23-Sep-22 Maintain A- A2 Stable -
438 Atlas Power Limited
Press Release | Report | History
Power Entity 22-Sep-22 Maintain AA- A1+ Stable -
439 Nimir Chemicals Pakistan Limited
Press Release | Report | History
Chemical Entity 20-Sep-22 Initial A- A2 Stable -
440 Trust Securities & Brokerage Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 20-Sep-22 Initial BMR2+ Stable -
441 Trust Securities & Brokerage Limited
Press Release | Report | History
Brokerage & Securities Entity 20-Sep-22 Initial A- A2 Stable -
442 Dawood Equities Limited
Press Release | Report | History
Brokerage & Securities Entity 20-Sep-22 Maintain A- A2 Stable -
443 Trust Securities & Brokerage Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 20-Sep-22 Initial BFR 2 Stable -
444 First Punjab Modaraba
Press Release | Report | History
Modaraba & NBFCs Entity 20-Sep-22 Maintain A- A2 Stable -
445 OILCO Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 19-Sep-22 Maintain A- A2 Stable -
446 Berger Paints Pakistan Limited
Press Release | Report | History
Chemical Entity 16-Sep-22 Maintain A- A2 Stable -
447 Islamabad Feeds (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 16-Sep-22 Maintain BBB A2 Stable -
448 U Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 16-Sep-22 Upgrade A+ A1 Stable -
449 Tapal Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 13-Sep-22 Initial A- A2 Developing -
450 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Power Entity 09-Sep-22 Maintain A A1 Stable -
451 Bestway Cement Limited
Press Release | Report | History
Cement Entity 09-Sep-22 Maintain AA- A1+ Stable -
452 Premier Industrial Chemical MFG. Co. (Pvt.) Limited
Press Release | Report | History
Sugar Entity 09-Sep-22 Initial A- A2 Stable -
453 Din Textile Mills Limited
Press Release | Report | History
Composite Entity 08-Sep-22 Maintain A- A2 Stable -
454 Fazal Cloth Mills Limited
Press Release | Report | History
Composite Entity 07-Sep-22 Upgrade A A1 Stable -
455 Bulleh Shah Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 05-Sep-22 Initial AA- A1 Stable -
456 Trans World Associates (Pvt.) Limited
Press Release | Report | History
Communication Entity 02-Sep-22 Initial A A1 Stable -
457 Nayatel (Pvt.) Limited
Press Release | Report | History
Communication Entity 02-Sep-22 Maintain A A1 Stable -
458 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 -
459 Martin Dow Limited
Press Release | Report | History
Pharmaceutical Entity 02-Sep-22 Initial A+ A1 Stable -
460 Golden Packages (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 29-Aug-22 Initial BBB A2 Stable -
461 Engro PowerGen Thar (Private) Limited | PP Sukuk
Press Release | Report | History
Power Debt Instrument 27-Aug-22 Upgrade AA- Stable -
462 IGI Finex Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 26-Aug-22 Maintain BFR 2+ Stable -
463 Premier Insurance Limited
Press Release | Report | History
General Insurance IFS 26-Aug-22 Maintain A+ (ifs) Negative -
464 Be Energy Limited
Press Release | Report | History
Oil Marketing Companies Entity 26-Aug-22 Maintain A+ A1 Stable -
465 Ismail Iqbal Securities (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 26-Aug-22 Maintain BMR3 Stable -
466 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 26-Aug-22 Maintain A- A2 Stable -
467 Atlas Insurance Limited
Press Release | Report | History
General Insurance IFS 26-Aug-22 Maintain AA+ (ifs) Stable -
468 Lakson Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 26-Aug-22 Maintain AM2+ Stable -
469 Asia Insurance Company Limited
Press Release | Report | History
General Insurance IFS 26-Aug-22 Maintain A++ (ifs) Stable -
470 Puma Energy Pakistan (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 26-Aug-22 Initial A- A2 Stable -
471 Etimaad Engineering (Pvt.) Limited
Press Release | Report | History
Construction Entity 26-Aug-22 Upgrade A- A2 Stable -
472 IGI Finex Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 26-Aug-22 Maintain BMR2+ Stable -
473 The Hub Power Company Limited | PP Sukuk
Press Release | Report | History
Power Debt Instrument 26-Aug-22 Maintain AA+ Stable -
474 Cnergyico Pk Limited ( Formerly: Byco Petroleum Pakistan Limited )
Press Release | Report | History
Refineries Entity 25-Aug-22 Maintain A- A2 Stable Yes
475 Shaheen Insurance Company Limited
Press Release | Report | History
General Insurance IFS 25-Aug-22 Maintain A+ (ifs) Positive -
476 Maaksons Engineering Corporation Limited
Press Release | Report | History
Construction Entity 24-Aug-22 Maintain BBB+ A2 Stable -
477 Tufail Chemical Industries Limited
Press Release | Report | History
Chemical Entity 23-Aug-22 Maintain A- A2 Stable -
478 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Spinning Entity 23-Aug-22 Upgrade BBB- A2 Stable -
479 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Coal Mining and Trading Entity 19-Aug-22 Maintain BBB+ A2 Positive -
480 Packages Convertors Limited
Press Release | Report | History
Paper and Packaging Entity 18-Aug-22 Initial AA- A1 Stable -
481 U Microfinance Bank Limited | TFC | PKR 3.5bln | Jun21
Press Release | Report | History
Microfinance Debt Instrument 18-Aug-22 Maintain AA- Stable -
482 National Transmission & Despatch Company Limited
Press Release | Report | History
Distribution | Electricity Entity 13-Aug-22 Maintain AA+ A1+ Stable -
483 AL Habib Asset Management Limited (Formerly: Habib Asset Management Limited)
Press Release | Report | History
Asset Managers Asset Manager 12-Aug-22 Upgrade AM2+ Stable -
484 Ghani Chemical Industries Limited | Sukuk | Feb-17
Press Release | Report | History
Industrial Gases Debt Instrument 11-Aug-22 Maintain A Stable -
485 EcoPack Limited
Press Release | Report | History
Paper and Packaging Entity 10-Aug-22 Initial BBB A2 Stable -
486 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 -
487 Pak Suzuki Motor Company Limited
Press Release | Report | History
Passenger Cars Entity 05-Aug-22 Maintain AA- A1 Stable -
488 Mekotex (Pvt.) Limited
Press Release | Report | History
Composite Entity 05-Aug-22 Maintain A- A2 Stable -
489 Jahangir Siddiqui & Co. Ltd. | TFC X | Jul-17
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-22 Maintain AA+ Stable -
490 AWT Investments Limited
Press Release | Report | History
Asset Managers Asset Manager 05-Aug-22 Maintain AM3++ Positive -
491 Jahangir Siddiqui & Co. Ltd. | TFC XI | Mar-18
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-22 Maintain AA+ Stable -
492 Multinet Pakistan (Pvt.) Limited
Press Release | Report | History
Technology Entity 02-Aug-22 Initial A- A2 Stable -
493 Fauji Fertilizer Company Limited
Press Release | Report | History
Fertilizer Entity 30-Jul-22 Maintain AA+ A1+ Stable -
494 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Company Entity 29-Jul-22 Maintain AA A1+ Stable -
495 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Composite Entity 29-Jul-22 Maintain A A2 Stable -
496 Engro Fertilizers Limited
Press Release | Report | History
Fertilizer Entity 29-Jul-22 Maintain AA A1+ Stable -
497 Honda Centre (Pvt.) Limited
Press Release | Report | History
Passenger Cars Entity 29-Jul-22 Maintain BBB A2 Stable -
498 The Universal Insurance Company Limited
Press Release | Report | History
General Insurance IFS 28-Jul-22 Maintain A (ifs) Stable -
499 Pakistan Oxygen Limited
Press Release | Report | History
Industrial Gases Entity 26-Jul-22 Maintain A A1 Stable -
500 Huaneng Shandong Ruyi (Pakistan) Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 22-Jul-22 Initial AA+ A1+ Stable -
501 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Towel Entity 20-Jul-22 Maintain BBB A2 Positive -
502 Sindh Engro Coal Mining Company
Press Release | Report | History
Coal Mining and Trading Entity 19-Jul-22 Maintain AA A1+ Stable -
503 AL Habib Capital Markets (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 19-Jul-22 Maintain BMR2+ Stable -
504 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 19-Jul-22 Maintain BFR 2+ Stable -
505 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Life Insurance IFS 19-Jul-22 Maintain AAA (ifs) Stable -
506 Engro Polymer & Chemicals Limited
Press Release | Report | History
Chemical Entity 16-Jul-22 Upgrade AA A1+ Stable -
507 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Chemical Entity 16-Jul-22 Maintain A+ A1 Stable -
508 Nimir Resins Limited
Press Release | Report | History
Chemical Entity 16-Jul-22 Maintain A- A2 Stable -
509 BankIslami Pakistan Limited | Modaraba Sukuk | Additional Tier 1 | TBI
Press Release | Report | History
Commercial Bank Debt Instrument 15-Jul-22 Preliminary A- Positive -
510 Diamond Fabrics Limited
Press Release | Report | History
Composite Entity 15-Jul-22 Initial A- A2 Stable -
511 Jamal Pipe Industries (Pvt.) Limited
Press Release | Report | History
Steel Entity 15-Jul-22 Maintain BBB A2 Stable -
512 Steelex (Pvt.) Limited
Press Release | Report | History
Steel Entity 14-Jul-22 Initial BBB- A2 Stable -
513 TPL Corp Limited | PPTFC | Jun-22
Press Release | Report | History
Holding Company Debt Instrument 14-Jul-22 Initial AA- Stable -
514 TPL Corp Limited | PP Sukuk | Jun-22
Press Release | Report | History
Holding Company Debt Instrument 14-Jul-22 Initial AA- Stable -
515 Liberty Mills Limited
Press Release | Report | History
Composite Entity 09-Jul-22 Maintain A+ A1 Stable -
516 Askari Life Assurance Company Limited
Press Release | Report | History
Life Insurance IFS 07-Jul-22 Maintain A (ifs) Stable -
517 Pak Elektron Limited
Press Release | Report | History
Household Appliances Entity 06-Jul-22 Maintain A+ A1 Stable -
518 Engro Elengy Terminal (Private) Limited
Press Release | Report | History
Distribution | Gas Entity 04-Jul-22 Maintain AA- A1 Stable -
519 Yunus Textile Mills Limited
Press Release | Report | History
Composite Entity 30-Jun-22 Initial AA- A1+ Stable -
520 AKD Investment Management Limited
Press Release | Report | History
Asset Managers Asset Manager 30-Jun-22 Maintain AM3++ Positive -
521 GuarantCo Limited
Press Release | Report | History
Credit Guarantee Institutions Entity 30-Jun-22 Maintain AAA A1+ Stable -
522 Kohat Textile Mills Limited
Press Release | Report | History
Spinning Entity 30-Jun-22 Maintain A- A2 Stable -
523 Saif Textile Mills Limited
Press Release | Report | History
Spinning Entity 30-Jun-22 Maintain A- A2 Stable -
524 JS Investments Limited | RMR
Press Release | Report | History
Real Estate REIT Manager Rating 30-Jun-22 Initial RM 3 Stable -
525 Trans World Enterprise Services (Pvt.) Limited
Press Release | Report | History
Communication Entity 30-Jun-22 Initial BBB A2 Stable -
526 Tata Textile Mills Limited
Press Release | Report | History
Spinning Entity 30-Jun-22 Upgrade A A1 Stable -
527 Cordoba Logistics & Ventures Limited
Press Release | Report | History
Trucks & Buses Entity 30-Jun-22 Initial BBB- A2 Stable -
528 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Life Insurance IFS 30-Jun-22 Maintain A++ (ifs) Stable -
529 Bank Alfalah Limited | Additional Tier 1 TFC | 7bln
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Initial AA- Stable -
530 K-Electric Limited
Press Release | Report | History
Distribution | Electricity Entity 29-Jun-22 Maintain AA A1+ Stable -
531 Bank AL Habib Limited | Tier-I | TFC VI | Dec-17
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Maintain AA+ Stable -
532 Adamjee Life Assurance Company Limited
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A++ (ifs) Stable -
533 Pakistan Kuwait Investment Company (Pvt.) Limited
Press Release | Report | History
DFIs Entity 29-Jun-22 Maintain AAA A1+ Stable -
534 Bank AL Habib Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Maintain AAA Stable -
535 Dawood Family Takaful Limited
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A+ (ifs) Stable -
536 Bank AL Habib Limited | Tier-I | TFC IX | Apr-22
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Initial AA+ Stable -
537 Suzuki Islamabad Motors
Press Release | Report | History
Passenger Cars Entity 29-Jun-22 Initial BBB- A3 Stable -
538 IGI Life Insurance Company
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A++ (ifs) Stable -
539 TPL Life Insurance Company Limited
Press Release | Report | History
Life Insurance IFS 29-Jun-22 Maintain A (ifs) Stable -
540 Bank AL Habib Limited | Tier II TFC VIII | Sep-21
Press Release | Report | History
Commercial Bank Debt Instrument 29-Jun-22 Maintain AAA Stable -
541 First Women Bank Limited
Press Release | Report | History
Commercial Bank Entity 28-Jun-22 Maintain A- A2 Developing Yes
542 Mahmood Textile Mills Limited
Press Release | Report | History
Composite Entity 25-Jun-22 Maintain A- A2 Stable -
543 Pak-Libya Holding Company (Pvt.) Limited
Press Release | Report | History
DFIs Entity 25-Jun-22 Maintain AA- A1+ Positive -
544 Roomi Fabrics Limited
Press Release | Report | History
Composite Entity 25-Jun-22 Maintain A- A2 Stable -
545 Faysal Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA A1+ Stable -
546 Standard Chartered Bank (Pakistan) Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AAA A1+ Stable -
547 Soneri Bank Limited | Tier 1 TFC
Press Release | Report | History
Commercial Bank Debt Instrument 25-Jun-22 Maintain A Stable -
548 Soneri Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA- A1+ Stable -
549 Askari Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA+ A1+ Stable -
550 Engro Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-22 Maintain AA+ A1+ Stable -
551 BankIslami Pakistan Limited | Modaraba Sukuk
Press Release | Report | History
Commercial Bank Debt Instrument 25-Jun-22 Maintain A- Positive -
552 PAIR Investment Company Limited
Press Release | Report | History
DFIs Entity 25-Jun-22 Maintain AA A1+ Stable -
553 National Bank of Pakistan
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AAA A1+ Stable -
554 Habib Metropolitan Bank Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA+ A1+ Stable -
555 Bank AL Habib Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AAA A1+ Stable -
556 Pakistan Microfinance Investment Company Limited
Press Release | Report | History
DFIs Entity 25-Jun-22 Maintain AA A1+ Stable Yes
557 Bank Alfalah Limited
Press Release | Report | History
Commercial Bank Entity 25-Jun-22 Maintain AA+ A1+ Stable -
558 Dawood Hercules Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-22 Maintain AA A1+ Stable -
559 Abbasi and Company (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 24-Jun-22 Maintain BMR2 Stable -
560 JS Bank Limited | TFC II
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain A+ Stable -
561 E-Vision Manufacturing Limited
Press Release | Report | History
Polyester Entity 24-Jun-22 Maintain BBB A2 Positive -
562 JS Bank Limited | TFC Tier 1
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain A Stable -
563 Pioneer Cement Limited
Press Release | Report | History
Cement Entity 24-Jun-22 Maintain A A2 Negative -
564 BankIslami Pakistan Limited
Press Release | Report | History
Commercial Bank Entity 24-Jun-22 Maintain A+ A1 Positive -
565 Cedar Capital (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 24-Jun-22 Maintain BFR 3 Stable -
566 Askari Bank Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA Stable -
567 Siddiqsons Limited
Press Release | Report | History
Composite Entity 24-Jun-22 Maintain A- A1 Stable -
568 The Bank of Punjab | TFC I | Dec-16
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA Stable -
569 Nishat Hotels and Properties Ltd
Press Release | Report | History
Hotel & Retail Industry Entity 24-Jun-22 Maintain A- A2 Stable -
570 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 24-Jun-22 Maintain BFR 2 Stable -
571 The Bank of Punjab | TFC II | April-18
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA Stable -
572 JS Bank Limited | PPTFC | Dec-21
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain A+ Stable -
573 Meezan Plastic Industries (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 24-Jun-22 Initial BB A3 Stable -
574 Askari Bank Limited | TFC VI ( Additional Tier I ) | Jul-18
Press Release | Report | History
Commercial Bank Debt Instrument 24-Jun-22 Maintain AA- Stable -
575 MCB Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain AAA A1+ Stable -
576 Allied Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain AAA A1+ Stable -
577 JS Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain AA- A1+ Stable -
578 Al Meezan Investment Management Limited
Press Release | Report | History
Asset Managers Asset Manager 23-Jun-22 Maintain AM1 Stable -
579 MCB Islamic Bank Limited
Press Release | Report | History
Commercial Bank Entity 23-Jun-22 Maintain A A1 Stable -
580 ACT Wind (Pvt.) Limited
Press Release | Report | History
Power Entity 23-Jun-22 Upgrade A+ A1 Stable -
581 Narowal Energy Limited
Press Release | Report | History
Power Entity 22-Jun-22 Maintain AA- A1+ Stable -
582 NBP Fund Management Limited
Press Release | Report | History
Asset Managers Asset Manager 22-Jun-22 Maintain AM1 Stable -
583 Meskay & Femtee Trading Company (Pvt.) Limited
Press Release | Report | History
Rice Entity 22-Jun-22 Initial A- A2 Stable -
584 The Bank of Punjab | Tier 2 | TFC-III | Apr-23
Press Release | Report | History
Commercial Bank Debt Instrument 21-Jun-22 Preliminary AA Stable -
585 The Hub Power Company Limited
Press Release | Report | History
Power Entity 21-Jun-22 Maintain AA+ A1+ Stable -
586 Olympia Chemicals Limited
Press Release | Report | History
Chemical Entity 20-Jun-22 Maintain A- A1 Stable -
587 The Bank of Punjab
Press Release | Report | History
Commercial Bank Entity 18-Jun-22 Maintain AA+ A1+ Stable -
588 Alfalah Insurance Company Limited
Press Release | Report | History
General Insurance IFS 17-Jun-22 Maintain AA+ (ifs) Stable -
589 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 17-Jun-22 Maintain BBB+ A2 Stable -
590 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies Entity 17-Jun-22 Maintain BBB+ A2 Stable -
591 Packages Limited
Press Release | Report | History
Holding Company Entity 16-Jun-22 Maintain AA A1+ Stable -
592 Ghani Chemical Industries Limited
Press Release | Report | History
Industrial Gases Entity 14-Jun-22 Maintain A A1 Stable -
593 AHM Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 14-Jun-22 Initial BFR 3 Stable -
594 Ismail Iqbal Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 13-Jun-22 Initial BFR 3 Stable -
595 Orient Power Company (Pvt.) Limited
Press Release | Report | History
Power Entity 10-Jun-22 Initial AA- A1 Stable -
596 LOTTE Kolson (Pvt.) Limited
Press Release | Report | History
Food Products Entity 09-Jun-22 Maintain A- A2 Stable -
597 Pakistan Refinery Limited
Press Release | Report | History
Refineries Entity 09-Jun-22 Maintain A- A2 Stable Yes
598 TPL Trakker Limited | Sukuk
Press Release | Report | History
Tracking Services Debt Instrument 07-Jun-22 Maintain A+ - Stable -