Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Construction Entity 05-Dec-24 Maintain A- A2 Positive -
2 WAPDA | Sukuk | May-17
Press Release | Report | History
Power Debt Instrument 04-Dec-24 Maintain AAA Stable -
3 WAPDA | PPTFC | May-17
Press Release | Report | History
Power Debt Instrument 04-Dec-24 Maintain AAA Stable -
4 WAPDA Dasu Sukuk-D
Press Release | Report | History
Power Debt Instrument 04-Dec-24 Maintain AAA Stable -
5 WAPDA Dasu TFC-D
Press Release | Report | History
Power Debt Instrument 04-Dec-24 Maintain AAA Stable -
6 Pak Qatar Monthly Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 04-Dec-24 Maintain A+(f) Stable -
7 Pak Qatar Khalis Bachat Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 04-Dec-24 Maintain A(f) Stable -
8 Pak Qatar Daily Dividend Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Mutual Funds Stability Rating 04-Dec-24 Maintain AA(f) Stable -
9 Pak Qatar Cash Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Mutual Funds Stability Rating 04-Dec-24 Maintain AA(f) Stable -
10 Mughal Energy Limited
Press Release | Report | History
Power Entity 02-Dec-24 Maintain A A2 Developing -
11 Atlas Asset Management Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 30-Nov-24 Upgrade AM2++ Stable -
12 Tandlianwala Sugar Mills Limited
Press Release | Report | History
Sugar Entity 30-Nov-24 Maintain A A1 Stable -
13 JS Investments Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 30-Nov-24 Upgrade AM2++ Stable -
14 Zameen REIT Management Company Limited
Press Release | Report | History
Real Estate REIT Manager Rating 29-Nov-24 Maintain RM 2 Stable Yes
15 KSB Pumps Company Limited
Press Release | Report | History
Machinery Entity 29-Nov-24 Maintain A+ A1 Stable Yes
16 Swat Agro Chemicals
Press Release | Report | History
Pesticides Entity 29-Nov-24 Upgrade BBB A2 Stable -
17 Dawood Equities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 29-Nov-24 Maintain BFR 3+ Stable -
18 Pak Qatar Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 28-Nov-24 Upgrade AA-(f) Stable -
19 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 28-Nov-24 Maintain A- A2 Stable -
20 DIC Pakistan Limited
Press Release | Report | History
Chemicals Entity 25-Nov-24 Maintain AA- A1 Stable -
21 Reliance Insurance Company Limited
Press Release | Report | History
General Insurance IFS 22-Nov-24 Maintain A+ (ifs) Stable -
22 Be Be Jan Pakistan Limited
Press Release | Report | History
Composite and Garments Entity 22-Nov-24 Maintain BBB A2 Stable -
23 Sapphire Finishing Mills Limited
Press Release | Report | History
Composite and Garments Entity 22-Nov-24 Maintain A A1 Stable -
24 KTRADE Securities Limited
Press Release | Report | History
Brokerage & Securities Entity 22-Nov-24 Maintain A- A2 Stable -
25 HUM Network Limited
Press Release | Report | History
Media Entity 22-Nov-24 Upgrade AA- A1 Stable -
26 TPL Trakker Limited | Sukuk
Press Release | Report | History
Tracking Services Debt Instrument 22-Nov-24 Maintain A+ Stable -
27 Chanar Energy Limited
Press Release | Report | History
Power Entity 22-Nov-24 Maintain BBB- A3 Stable Yes
28 Berger Paints Pakistan Limited | PP Sukuk | Sep -21
Press Release | Report | History
Chemicals Debt Instrument 22-Nov-24 Maintain A Stable -
29 Ghani Global Glass Limited
Press Release | Report | History
Glass Entity 22-Nov-24 Maintain BBB+ A2 Positive -
30 Samad Rubber Works (Pvt.) Limited
Press Release | Report | History
Chemicals Entity 22-Nov-24 Upgrade A- A2 Stable -
31 Airlink Communication
Press Release | Report | History
Mobile Phone and Allied Products Entity 22-Nov-24 Maintain A+ A1 Stable -
32 Inbox Business Technologies Limited
Press Release | Report | History
Technology Entity 22-Nov-24 Maintain A- A2 Stable -
33 Pak Elektron Limited - PPSTS II - PKR 2bln - TBI
Press Release | Report | History
Household Appliances Debt Instrument 22-Nov-24 Preliminary A+ A1 Stable -
34 Spectrum Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 21-Nov-24 Maintain BFR 3+ Stable -
35 Spectrum Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 21-Nov-24 Maintain BMR3+ Stable -
36 Pakistan Mobile Communications Limited - PPSTS-II - PKR 15bln - Oct-24
Press Release | Report | History
Telecommunication Debt Instrument 20-Nov-24 Initial AA A1 Stable -
37 K-Electric Limited - Retail Utility Sukuk - PKR 3bln - TBI
Press Release | Report | History
Power Debt Instrument 19-Nov-24 Preliminary AA A1+ Stable -
38 Habib Insurance Company Limited
Press Release | Report | History
General Insurance IFS 15-Nov-24 Maintain A++ (ifs) Stable -
39 WAPDA Dasu Sukuk-B
Press Release | Report | History
Power Debt Instrument 15-Nov-24 Maintain AAA Stable -
40 WAPDA Dasu TFC-B
Press Release | Report | History
Power Debt Instrument 15-Nov-24 Maintain AAA Stable -
41 WAPDA Dasu Sukuk-C
Press Release | Report | History
Power Debt Instrument 15-Nov-24 Maintain AAA Stable -
42 WAPDA Dasu TFC-C
Press Release | Report | History
Power Debt Instrument 15-Nov-24 Maintain AAA Stable -
43 Maaksons Engineering Corporation Limited
Press Release | Report | History
Construction Entity 15-Nov-24 Upgrade A- A2 Stable -
44 Samba Bank Limited | PPTFC
Press Release | Report | History
Commercial Banks Debt Instrument 15-Nov-24 Maintain AA- Stable -
45 Ahmed Fine Weaving Limited
Press Release | Report | History
Weaving Entity 15-Nov-24 Maintain A- A2 Stable -
46 Platinum Steel Mill (Pvt.) Limited
Press Release | Report | History
Steel Entity 15-Nov-24 Maintain BBB A2 Stable -
47 NRSP Microfinance Bank Limited | Tier II TFC
Press Release | Report | History
Microfinance Debt Instrument 15-Nov-24 Maintain A- Stable Yes
48 Prism Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 15-Nov-24 Maintain A+ A1 Stable -
49 Glamour Textile Mills Limited
Press Release | Report | History
Spinning Entity 13-Nov-24 Maintain BBB- A2 Stable -
50 Sapphire Fibres Limited
Press Release | Report | History
Composite and Garments Entity 13-Nov-24 Maintain A+ A1 Stable -
51 HBL Microfinance Bank Limited | Tier 2 Capital TFC | PKR 1.5bln | Mar-24
Press Release | Report | History
Microfinance Debt Instrument 13-Nov-24 Maintain A Stable -
52 Mughal Iron & Steel Industries Limited - PPSTS - PKR 2.5bln - Oct-24
Press Release | Report | History
Steel Debt Instrument 13-Nov-24 Initial A+ A1 Stable -
53 Alhamra Government Securities Fund
Press Release | Report | History
Mutual Funds Stability Rating 12-Nov-24 Initial AA(f) Stable -
54 MCB DCF Fixed Return Fund II
Press Release | Report | History
Mutual Funds Stability Rating 12-Nov-24 Initial AAA(f) Stable -
55 MCB DCF Fixed Return Fund III
Press Release | Report | History
Mutual Funds Stability Rating 12-Nov-24 Initial AAA(f) Stable -
56 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Companies Entity 08-Nov-24 Maintain A+ A1 Stable -
57 The Hub Power Company Limited
Press Release | Report | History
Power Entity 08-Nov-24 Maintain AA+ A1+ Stable -
58 Pakistan Services Limited
Press Release | Report | History
Hotel & Lodging Entity 08-Nov-24 Downgrade B A4 Negative Yes
59 Liberty Power Tech Limited
Press Release | Report | History
Power Entity 08-Nov-24 Maintain AA- A1 Stable -
60 K-Electric Limited - PPSTS-29 - PKR 6.0bln - Sep-24
Press Release | Report | History
Power Debt Instrument 07-Nov-24 Initial AA A1+ Stable -
61 AL Habib Government Securities Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 06-Nov-24 Initial AAA(f) Stable -
62 Export-Import Bank of Pakistan
Press Release | Report | History
Development Financial Institutions (DFIs) Entity 01-Nov-24 Initial AAA A1+ Stable -
63 Jubilee General Insurance Company Limited
Press Release | Report | History
General Insurance IFS 01-Nov-24 Maintain AA++ (ifs) Stable -
64 Etihad Alloys (Pvt.) Limited
Press Release | Report | History
Steel Entity 01-Nov-24 Maintain BBB- A3 Developing -
65 Ghani Global Holdings Limited
Press Release | Report | History
Holding Companies Entity 01-Nov-24 Maintain A- A2 Stable -
66 Zahidjee Textile Mills Limited
Press Release | Report | History
Composite and Garments Entity 31-Oct-24 Maintain A A1 Stable -
67 Orient Rental Modaraba
Press Release | Report | History
Non-Banking Finance Companies Entity 25-Oct-24 Maintain A- A2 Stable -
68 Pharmagen Limited
Press Release | Report | History
Pharmaceuticals Entity 25-Oct-24 Maintain A- A2 Stable -
69 Habib Metropolitan Financial Services Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 25-Oct-24 Maintain BMR2 Stable -
70 Thar Energy Limited
Press Release | Report | History
Power Entity 25-Oct-24 Maintain AA- A1 Stable -
71 ThalNova Power Thar (Pvt.) Limited
Press Release | Report | History
Power Entity 25-Oct-24 Maintain AA- A1 Stable -
72 ABL Asset Management Company Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 25-Oct-24 Maintain AM1 Stable -
73 Guard Agricultural Research and Services (Pvt.) Limited
Press Release | Report | History
Rice Entity 24-Oct-24 Maintain A- A2 Stable -
74 Stylers International Limited
Press Release | Report | History
Composite and Garments Entity 23-Oct-24 Maintain A A1 Stable -
75 ABL Money Market Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 23-Oct-24 Maintain AA+(f) Stable -
76 ABL Islamic Money Market Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 23-Oct-24 Maintain AA+(f) Stable -
77 ABL Financial Sector Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 23-Oct-24 Maintain A+(f) Stable -
78 ABL Islamic Cash Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 23-Oct-24 Maintain AA+(f) Stable Yes
79 AGP Limited
Press Release | Report | History
Pharmaceuticals Entity 23-Oct-24 Maintain A+ A1 Stable -
80 JS Cash Fund
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain AA+(f) Stable -
81 JS Government Securities Fund
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain AA(f) Stable -
82 JS Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain A+(f) Stable -
83 JS Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain AA(f) Stable -
84 JS Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain AA-(f) Stable -
85 JS Microfinance Sector Fund
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain A(f) Stable -
86 Parwaaz Financial Services Limited - PPTFC - PKR 1bln - TBI
Press Release | Report | History
Non-Banking Finance Companies Debt Instrument 22-Oct-24 Preliminary AA- Stable -
87 Faysal Financial Sector Opportunity Fund
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain A+(f) Stable -
88 Faysal Income and Growth Fund
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain A(f) Stable -
89 Faysal Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain AA(f) Stable -
90 Faysal MTS Fund (FMTSF)
Press Release | Report | History
Mutual Funds Stability Rating 22-Oct-24 Maintain AA-(f) Stable -
91 CCL Pharmaceuticals (Pvt.) Limited
Press Release | Report | History
Pharmaceuticals Entity 19-Oct-24 Maintain A A1 Stable -
92 Ghandhara Automobiles Limited
Press Release | Report | History
Trucks & Buses Entity 19-Oct-24 Maintain A A1 Stable -
93 Ghandhara Industries Limited
Press Release | Report | History
Trucks & Buses Entity 19-Oct-24 Maintain A+ A1 Stable -
94 Atlas Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 18-Oct-24 Maintain AA-(f) Stable -
95 Atlas Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 18-Oct-24 Maintain AA-(f) Stable -
96 Atlas Islamic Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 18-Oct-24 Maintain AA(f) Stable -
97 Atlas Liquid Fund
Press Release | Report | History
Mutual Funds Stability Rating 18-Oct-24 Maintain AA+(f) Stable -
98 Atlas Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 18-Oct-24 Maintain AA+(f) Stable -
99 Atlas Sovereign Fund
Press Release | Report | History
Mutual Funds Stability Rating 18-Oct-24 Maintain AA-(f) Stable -
100 786 Smart Fund
Press Release | Report | History
Mutual Funds Stability Rating 18-Oct-24 Maintain AA-(f) Stable -
101 Ismail Industries Limited - PPSTS - PKR 5bln - Aug-24
Press Release | Report | History
Food Products Debt Instrument 17-Oct-24 Initial A+ A1 Stable -
102 ASA Microfinance Bank (Pakistan) Limited (Formerly ASA Pakistan Limited)
Press Release | Report | History
Microfinance Entity 17-Oct-24 Upgrade A- A2 Stable -
103 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Steel Entity 15-Oct-24 Maintain A+ A1 Stable -
104 Mughal Iron & Steel Industries Limited | PP Sukuk
Press Release | Report | History
Steel Debt Instrument 15-Oct-24 Maintain A+ Stable -
105 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Mutual Funds Stability Rating 14-Oct-24 Maintain AA(f) Stable -
106 Alfalah GHP Sovereign Fund
Press Release | Report | History
Mutual Funds Stability Rating 14-Oct-24 Maintain AA-(f) Stable -
107 Secure Logistics Group Limited
Press Release | Report | History
Trucks & Buses Entity 14-Oct-24 Maintain A+ A1 Stable -
108 Din Energy Limited
Press Release | Report | History
Power Entity 11-Oct-24 Maintain A A2 Stable -
109 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 11-Oct-24 Upgrade BBB A2 Stable -
110 Habib Construction Services Limited
Press Release | Report | History
Construction Entity 11-Oct-24 Maintain BBB+ A2 Positive -
111 Pak Qatar Asset Management Company Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 11-Oct-24 Maintain AM2 Stable -
112 NBP Savings Fund
Press Release | Report | History
Mutual Funds Stability Rating 10-Oct-24 Maintain A+(f) Stable -
113 NBP Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 10-Oct-24 Maintain AA(f) Stable -
114 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Mutual Funds Stability Rating 10-Oct-24 Maintain A+(f) Stable -
115 NBP Income Opportunity Fund
Press Release | Report | History
Mutual Funds Stability Rating 10-Oct-24 Maintain A+(f) Stable -
116 NBP Islamic Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 10-Oct-24 Maintain AA(f) Stable -
117 NBP Riba Free Saving Fund
Press Release | Report | History
Mutual Funds Stability Rating 10-Oct-24 Maintain A+(f) Stable -
118 NBP Mahana Amdani Fund
Press Release | Report | History
Mutual Funds Stability Rating 10-Oct-24 Maintain AA-(f) Stable -
119 NBP Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 10-Oct-24 Maintain A+(f) Stable -
120 Irfan Noman Brothers (Pvt.) Limited
Press Release | Report | History
Rice Entity 10-Oct-24 Maintain BBB+ A2 Stable -
121 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Construction Entity 10-Oct-24 Maintain BBB A2 Stable -
122 East West Insurance Company Limited
Press Release | Report | History
General Insurance IFS 10-Oct-24 Upgrade AA+ (ifs) Stable -
123 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Oct-24 Maintain A+(f) Stable -
124 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Oct-24 Maintain AA-(f) Stable -
125 Alfalah GHP Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Oct-24 Maintain AA+(f) Stable -
126 AWT Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Oct-24 Maintain A+(f) Stable -
127 AWT Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Oct-24 Maintain A+(f) Stable -
128 AWT Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Oct-24 Maintain AA+(f) Stable -
129 Faysal Halal Amdani Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Oct-24 Maintain AA(f) Stable -
130 Faysal Savings Growth Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Oct-24 Maintain AA-(f) Stable -
131 A.J. Textile Mills Limited
Press Release | Report | History
Spinning Entity 08-Oct-24 Maintain A- A2 Stable -
132 Postal Life Insurance Company Limited
Press Release | Report | History
Life Insurance IFS 07-Oct-24 Maintain A+ (ifs) Stable Yes
133 MCB Investment Management Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 04-Oct-24 Maintain AM1 Stable -
134 Ghani Chemical Industries Limited | PP Sukuk | PKR 800mln | Jan-24
Press Release | Report | History
Industrial Gases Debt Instrument 03-Oct-24 Maintain A+ Stable -
135 Amreli Steels Limited
Press Release | Report | History
Steel Entity 01-Oct-24 Downgrade BB A3 Negative Yes
136 My Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies & Dealers Entity 27-Sep-24 Maintain BBB+ A2 Stable -
137 UBL Cash Fund
Press Release | Report | History
Mutual Funds Stability Rating 27-Sep-24 Maintain AA+(f) Stable -
138 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds Stability Rating 27-Sep-24 Maintain AA+(f) Stable -
139 NBP Government Securities Liquid Fund
Press Release | Report | History
Mutual Funds Stability Rating 27-Sep-24 Maintain AAA(f) Stable -
140 NBP Government Securities Savings Fund
Press Release | Report | History
Mutual Funds Stability Rating 27-Sep-24 Maintain AA-(f) Stable -
141 NBP Financial Sector Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 27-Sep-24 Maintain A+(f) Stable -
142 Alfalah GHP Cash Fund
Press Release | Report | History
Mutual Funds Stability Rating 27-Sep-24 Maintain AA+(f) Stable -
143 PakGen Power Limited
Press Release | Report | History
Power Entity 27-Sep-24 Maintain AA A1 Stable -
144 LalPir Power Limited
Press Release | Report | History
Power Entity 27-Sep-24 Maintain AA A1 Stable -
145 Gul Ahmed Wind Power Limited
Press Release | Report | History
Power Entity 27-Sep-24 Maintain A+ A1 Stable -
146 Parwaaz Financial Services Limited
Press Release | Report | History
Non-Banking Finance Companies Entity 26-Sep-24 Initial A+ A1 Stable -
147 WAPDA Dasu Sukuk-E
Press Release | Report | History
Power Debt Instrument 26-Sep-24 Initial AAA Stable -
148 WAPDA Dasu TFC-E
Press Release | Report | History
Power Debt Instrument 26-Sep-24 Initial AAA Stable -
149 Master Wind Energy Limited
Press Release | Report | History
Power Entity 26-Sep-24 Maintain A+ A1 Stable -
150 Thardeep Microfinance Foundation
Press Release | Report | History
Microfinance Entity 25-Sep-24 Downgrade BB A4 Stable -
151 Optimus Capital Management (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 25-Sep-24 Maintain BMR2 Stable -
152 Optimus Capital Management (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 25-Sep-24 Maintain BFR 2 Stable -
153 Alfalah GHP Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 23-Sep-24 Maintain AA-(f) Stable -
154 Prosperity Weaving Mills Limited
Press Release | Report | History
Weaving Entity 20-Sep-24 Maintain A- A2 Stable -
155 First Habib Modaraba
Press Release | Report | History
Non-Banking Finance Companies Entity 20-Sep-24 Maintain AA+ A1+ Stable -
156 NBP Islamic Savings Fund
Press Release | Report | History
Mutual Funds Stability Rating 20-Sep-24 Maintain AA-(f) Stable -
157 Nishat Power Limited
Press Release | Report | History
Power Entity 20-Sep-24 Maintain AA- A1 Stable -
158 AWT Financial Sector Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 20-Sep-24 Maintain A+(f) Stable -
159 First Punjab Modaraba
Press Release | Report | History
Non-Banking Finance Companies Entity 20-Sep-24 Maintain A- A2 Stable -
160 Nagina Cotton Mills Limited
Press Release | Report | History
Spinning Entity 20-Sep-24 Maintain A- A2 Stable -
161 Ellcot Spinning Mills Limited
Press Release | Report | History
Spinning Entity 20-Sep-24 Maintain A- A2 Stable -
162 Atlas Power Limited
Press Release | Report | History
Power Entity 20-Sep-24 Maintain AA- A1+ Stable -
163 Lucky Electric Power Company Limited - PPSTS-20 - PKR 5bln - Aug24
Press Release | Report | History
Power Debt Instrument 20-Sep-24 Initial AA A1+ Stable -
164 Service Industries Limited
Press Release | Report | History
Tyres Entity 19-Sep-24 Upgrade AA A1+ Stable -
165 Trust Securities & Brokerage Limited
Press Release | Report | History
Brokerage & Securities Entity 19-Sep-24 Maintain A- A2 Stable -
166 Trust Securities & Brokerage Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 19-Sep-24 Maintain BFR 2 Stable -
167 Trust Securities & Brokerage Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 19-Sep-24 Maintain BMR2+ Stable -
168 Dawood Equities Limited
Press Release | Report | History
Brokerage & Securities Entity 19-Sep-24 Maintain A- A2 Stable -
169 Escorts Investment Bank Limited
Press Release | Report | History
Non-Banking Finance Companies Entity 19-Sep-24 Maintain BBB+ A2 Negative -
170 Global Marketing Services
Press Release | Report | History
Pharmaceuticals Entity 19-Sep-24 Upgrade BBB+ A2 Stable -
171 Airlink Communication Limited - PPSTS-III - PKR 4.0bln - Sep-24
Press Release | Report | History
Mobile Phone and Allied Products Debt Instrument 19-Sep-24 Preliminary A+ A1 Stable -
172 Pak-Qatar Family Takaful Limited - PFM
Press Release | Report | History
Life Insurance Pension Fund Managers 16-Sep-24 Initial AM2(p) Stable -
173 Masood Textile Mills Limited - PP Sukuk - PKR 2bln - Sep-24
Press Release | Report | History
Composite and Garments Debt Instrument 16-Sep-24 Preliminary A+ Stable -
174 U Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 14-Sep-24 Maintain A+ A1 Stable -
175 Nimir Chemicals Pakistan Limited
Press Release | Report | History
Chemicals Entity 13-Sep-24 Maintain A- A2 Stable -
176 NBP Government Securities Plan - IV
Press Release | Report | History
Mutual Funds Stability Rating 13-Sep-24 Maintain AA(f) Stable -
177 NBP Islamic Government Securities Plan – III
Press Release | Report | History
Mutual Funds Stability Rating 13-Sep-24 Maintain AA(f) Stable -
178 Pak Oman Asset Management Company Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 13-Sep-24 Maintain AM3++ Stable -
179 Berger Paints Pakistan Limited
Press Release | Report | History
Chemicals Entity 13-Sep-24 Maintain A- A2 Stable -
180 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Power Entity 13-Sep-24 Upgrade AA A1+ Stable -
181 K-Electric Limited | PPSTS-28 | PKR 7.0bln | Aug-24
Press Release | Report | History
Power Debt Instrument 10-Sep-24 Initial AA A1+ Stable -
182 AKD Cash Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Sep-24 Maintain AA+(f) Stable -
183 AKD Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Sep-24 Maintain AA-(f) Stable -
184 AKD Islamic Daily Dividend Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Sep-24 Maintain AA(f) Stable -
185 MCB DCF Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Sep-24 Maintain AA-(f) Stable -
186 AKD Aggressive Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Sep-24 Maintain A+(f) Stable -
187 MCB DCF Fixed Return Fund
Press Release | Report | History
Mutual Funds Stability Rating 06-Sep-24 Initial AAA(f) Stable -
188 Pakistan Cash Management Fund
Press Release | Report | History
Mutual Funds Stability Rating 06-Sep-24 Maintain AA+(f) Stable -
189 Fazal Cloth Mills Limited
Press Release | Report | History
Composite and Garments Entity 06-Sep-24 Maintain A A1 Stable -
190 Din Textile Mills Limited
Press Release | Report | History
Composite and Garments Entity 06-Sep-24 Maintain A- A2 Stable -
191 NIT Government Bond Fund
Press Release | Report | History
Mutual Funds Stability Rating 06-Sep-24 Maintain AA(f) Stable -
192 NIT Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
193 NIT Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
194 Bestway Cement Limited
Press Release | Report | History
Cement Entity 06-Sep-24 Maintain AA- A1+ Stable -
195 Pakistan Income Enhancement Fund
Press Release | Report | History
Mutual Funds Stability Rating 06-Sep-24 Maintain A+(f) Stable -
196 Alhamra Daily Dividend Fund
Press Release | Report | History
Mutual Funds Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
197 MCB Cash Management Optimizer
Press Release | Report | History
Mutual Funds Stability Rating 06-Sep-24 Maintain AA+(f) Stable -
198 MCB Pakistan Sovereign Fund
Press Release | Report | History
Mutual Funds Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
199 Mahaana Islamic Cash Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 06-Sep-24 Maintain AA+(f) Stable -
200 Premier Industrial Chemical MFG. Co. (Pvt.) Limited
Press Release | Report | History
Sugar Entity 06-Sep-24 Maintain A- A2 Stable -
201 JS Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 05-Sep-24 Maintain AA+(f) Stable -
202 Bulleh Shah Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 05-Sep-24 Maintain AA- A1 Stable -
203 Airlink Communication Limited | PPSTS-II | PKR 3.12bln | July-24
Press Release | Report | History
Mobile Phone and Allied Products Debt Instrument 03-Sep-24 Initial A+ A1 Stable -
204 Gas & Oil Pakistan Limited | PP Sukuk
Press Release | Report | History
Oil Marketing Companies & Dealers Debt Instrument 30-Aug-24 Maintain AA- Stable -
205 NIT Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 30-Aug-24 Maintain AAA(f) Stable Yes
206 Nayatel (Pvt.) Limited
Press Release | Report | History
Telecommunication Entity 30-Aug-24 Upgrade A+ A1 Stable -
207 Alfalah Asset Management Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 30-Aug-24 Upgrade AM1 Stable -
208 OLP Financial Services Pakistan Limited | PPTFC (Formerly ORIX Leasing Pakistan Limited | PPTFC)
Press Release | Report | History
Non-Banking Finance Companies Debt Instrument 30-Aug-24 Maintain AA+ Stable -
209 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Mutual Funds Stability Rating 30-Aug-24 Maintain AA+(f) Stable -
210 AL Habib Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 30-Aug-24 Maintain AA(f) Stable -
211 AL Habib Islamic Savings Fund
Press Release | Report | History
Mutual Funds Stability Rating 30-Aug-24 Maintain AA(f) Stable -
212 AL Habib Islamic Cash Fund
Press Release | Report | History
Mutual Funds Stability Rating 30-Aug-24 Maintain AA+(f) Stable -
213 AL Habib Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 30-Aug-24 Maintain AA(f) Stable -
214 Pakistan Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 30-Aug-24 Maintain AA-(f) Stable -
215 Trans World Associates (Pvt.) Limited
Press Release | Report | History
Telecommunication Entity 30-Aug-24 Upgrade A+ A1 Stable -
216 Martin Dow Limited
Press Release | Report | History
Pharmaceuticals Entity 30-Aug-24 Maintain A A2 Stable -
217 Faysal Islamic Special Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 29-Aug-24 Maintain AA(f) Stable -
218 Golden Packages (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 29-Aug-24 Maintain BBB A2 Stable -
219 Lakson Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 28-Aug-24 Maintain A+(f) Stable -
220 Lakson Islamic Money Market Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 28-Aug-24 Maintain AA(f) Stable Yes
221 Lakson Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 28-Aug-24 Maintain AA+(f) Stable -
222 Puma Energy Pakistan (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies & Dealers Entity 28-Aug-24 Maintain A- A2 Stable -
223 Alhamra Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 28-Aug-24 Upgrade AA(f) Stable -
224 Multan Electric Power Company Limited
Press Release | Report | History
Transmission & Distribution | Electricity Entity 23-Aug-24 Initial A- A2 Positive -
225 Atlas Insurance Limited
Press Release | Report | History
General Insurance IFS 23-Aug-24 Maintain AA+ (ifs) Stable -
226 Lakson Investments Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 23-Aug-24 Maintain AM2+ Stable -
227 Premier Insurance Limited
Press Release | Report | History
General Insurance IFS 23-Aug-24 Maintain A (ifs) Stable -
228 Be Energy Limited
Press Release | Report | History
Oil Marketing Companies & Dealers Entity 23-Aug-24 Maintain A+ A1 Stable -
229 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Spinning Entity 23-Aug-24 Maintain BBB- A2 Stable -
230 Shaheen Insurance Company Limited
Press Release | Report | History
General Insurance IFS 23-Aug-24 Maintain A+ (ifs) Stable -
231 Asia Insurance Company Limited
Press Release | Report | History
General Insurance IFS 23-Aug-24 Maintain A++ (ifs) Stable Yes
232 IGI Finex Securities Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 23-Aug-24 Maintain BMR2+ Stable -
233 IGI Finex Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 23-Aug-24 Maintain BFR 2+ Stable -
234 TPL Properties Limited | PPTFC | PKR 1.575bln | Dec 23
Press Release | Report | History
Real Estate Debt Instrument 19-Aug-24 Maintain A+ A1 Stable -
235 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Coal Mining and Trading Entity 19-Aug-24 Maintain A- A2 Stable -
236 Etimaad Engineering (Pvt.) Limited
Press Release | Report | History
Construction Entity 19-Aug-24 Maintain A- A2 Stable -
237 U Microfinance Bank Limited | TFC | PKR 3.5bln | Jun21
Press Release | Report | History
Microfinance Debt Instrument 16-Aug-24 Maintain AA- Stable -
238 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 16-Aug-24 Maintain A+(f) Stable Yes
239 Askari High Yield Scheme
Press Release | Report | History
Mutual Funds Stability Rating 16-Aug-24 Maintain A(f) Stable -
240 Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund)
Press Release | Report | History
Mutual Funds Stability Rating 16-Aug-24 Maintain A+(f) Stable -
241 Packages Convertors Limited
Press Release | Report | History
Paper and Packaging Entity 16-Aug-24 Maintain AA- A1 Stable -
242 AKD Islamic Stock Fund
Press Release | Report | History
Mutual Funds Performance Ranking 15-Aug-24 Declined 2-Star 4-Star -
243 AKD Opportunity Fund
Press Release | Report | History
Mutual Funds Performance Ranking 15-Aug-24 Declined 2-Star 2-Star -
244 Golden Arrow Stock Fund
Press Release | Report | History
Mutual Funds Performance Ranking 15-Aug-24 Declined 3-Star 3-Star -
245 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Power Entity 15-Aug-24 Maintain A+ A1 Stable -
246 Pak Qatar Islamic Stock Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 3-Star -
247 Faysal Stock Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 Same 1-Star 1-Star -
248 Faysal Asset Allocation Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 Declined 2-Star 3-Star -
249 Faysal Islamic Asset Allocation Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 Same 4-Star 3-Star -
250 NBP Balanced Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 Declined 3-Star 3-Star -
251 NBP Stock Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 Same 4-Star 4-Star -
252 NBP Islamic Stock Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 Same 3-Star 3-Star -
253 NBP Islamic Sarmaya Izafa Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 Same 3-Star 3-Star -
254 NBP Sarmaya Izafa Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 Same 3-Star 4-Star -
255 First Capital Mutual Fund
Press Release | Report | History
Mutual Funds Performance Ranking 13-Aug-24 Same 3-Star 3-Star -
256 Ismail Industries Limited | PPSTS | PKR 6bln | June 24
Press Release | Report | History
Food Products Debt Instrument 13-Aug-24 Initial A+ A1 Stable -
257 AL Habib Asset Management Limited
Press Release | Report | History
Mutual Funds Asset Manager 12-Aug-24 Upgrade AM2++ Stable -
258 Tufail Chemical Industries Limited
Press Release | Report | History
Chemicals Entity 12-Aug-24 Maintain A- A2 Stable Yes
259 EcoPack Limited
Press Release | Report | History
Paper and Packaging Entity 09-Aug-24 Maintain BBB A2 Stable Yes
260 National Transmission & Despatch Company Limited
Press Release | Report | History
Transmission & Distribution | Electricity Entity 09-Aug-24 Maintain AA+ A1+ Stable -
261 Lucky Electric Power Company Limited | PPSTS-19 | PKR 6bln | Jun-24
Press Release | Report | History
Power Debt Instrument 09-Aug-24 Initial AA A1+ Stable -
262 Sapphire Dairies (Pvt.) Limited
Press Release | Report | History
Dairy Entity 07-Aug-24 Initial A- A2 Stable -
263 Saigal Packages Industries (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 07-Aug-24 Initial BBB- A2 Stable -
264 Mughal Iron & Steel Industries Limited | PP Sukuk | PKR 2.5bln | Dec-23
Press Release | Report | History
Steel Debt Instrument 06-Aug-24 Maintain AA- Stable -
265 Mekotex (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 02-Aug-24 Maintain A- A2 Stable -
266 Pak Suzuki Motor Company Limited
Press Release | Report | History
Passenger Cars Entity 02-Aug-24 Maintain AA- A1 Stable -
267 Mobilink Microfinance Bank Limited | PPTFC | Dec-22
Press Release | Report | History
Microfinance Debt Instrument 02-Aug-24 Maintain A- Stable -
268 Multinet Pakistan (Pvt.) Limited
Press Release | Report | History
Technology Entity 01-Aug-24 Maintain A- A2 Stable -
269 Ghandhara Tyre & Rubber Company Limited
Press Release | Report | History
Tyres Entity 01-Aug-24 Maintain A+ A1 Stable Yes
270 AWT Investments Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 31-Jul-24 Upgrade AM2 Stable -
271 Jazaa Global (Pvt.) Limited
Press Release | Report | History
Food Products Entity 30-Jul-24 Initial BBB- A3 Stable -
272 Fauji Fertilizer Company Limited
Press Release | Report | History
Fertilizers Entity 26-Jul-24 Maintain AA+ A1+ Stable -
273 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Companies Entity 26-Jul-24 Maintain AA A1+ Stable -
274 The Universal Insurance Company Limited
Press Release | Report | History
General Insurance IFS 26-Jul-24 Maintain A (ifs) Stable Yes
275 Engro Fertilizers Limited
Press Release | Report | History
Fertilizers Entity 26-Jul-24 Maintain AA A1+ Stable -
276 Apna Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 26-Jul-24 Maintain BBB- A4 Negative Yes
277 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 26-Jul-24 Maintain A A2 Stable -
278 Pakistan Oxygen Limited
Press Release | Report | History
Industrial Gases Entity 25-Jul-24 Maintain A A1 Stable -
279 Fatima Fertilizer Company Limited
Press Release | Report | History
Fertilizers Entity 24-Jul-24 Maintain AA+ A1+ Stable -
280 Mughal Energy Limited | PP Sukuk | PKR 2.5bln | TBI
Press Release | Report | History
Power Debt Instrument 19-Jul-24 Preliminary A+ Stable -
281 AL Habib Capital Markets (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 19-Jul-24 Maintain BFR 2+ Stable -
282 AL Habib Capital Markets (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 19-Jul-24 Maintain BMR2+ Stable -
283 Medipak Limited
Press Release | Report | History
Pharmaceuticals Entity 19-Jul-24 Maintain BBB+ A2 Stable -
284 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Towels Entity 19-Jul-24 Upgrade BBB+ A2 Stable -
285 Sindh Engro Coal Mining Company
Press Release | Report | History
Coal Mining and Trading Entity 19-Jul-24 Maintain AA A1+ Stable -
286 Huaneng Shandong Ruyi (Pakistan) Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 19-Jul-24 Maintain AA+ A1+ Stable -
287 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Life Insurance IFS 18-Jul-24 Maintain AAA (ifs) Stable -
288 National Rural Support Programme
Press Release | Report | History
Microfinance Entity 15-Jul-24 Maintain A- A2 Stable -
289 Steelex (Pvt.) Limited
Press Release | Report | History
Steel Entity 12-Jul-24 Upgrade BBB A2 Stable -
290 Diamond Fabrics Limited
Press Release | Report | History
Composite and Garments Entity 12-Jul-24 Maintain A- A2 Stable -
291 TPL Corp Limited | PP Sukuk | Jun-22
Press Release | Report | History
Holding Companies Debt Instrument 12-Jul-24 Maintain AA- Stable Yes
292 TPL Corp Limited | PPTFC | Jun-22
Press Release | Report | History
Holding Companies Debt Instrument 12-Jul-24 Maintain AA- Stable -
293 Nisar Spinning Mills (Pvt.) Limited
Press Release | Report | History
Spinning Entity 12-Jul-24 Maintain A- A2 Stable -
294 Nimir Resins Limited
Press Release | Report | History
Chemicals Entity 12-Jul-24 Maintain A- A2 Stable -
295 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Chemicals Entity 12-Jul-24 Maintain A+ A1 Stable -
296 Engro Polymer & Chemicals Limited
Press Release | Report | History
Chemicals Entity 12-Jul-24 Maintain AA A1+ Stable -
297 JS Islamic Premium Fund
Press Release | Report | History
Mutual Funds Stability Rating 09-Jul-24 Maintain A(f) Stable -
298 Orient Energy Systems (Pvt.) Limited
Press Release | Report | History
Machinery Entity 05-Jul-24 Maintain A- A2 Stable -
299 Askari Life Assurance Company Limited
Press Release | Report | History
Life Insurance IFS 05-Jul-24 Maintain A (ifs) Stable -
300 Liberty Mills Limited
Press Release | Report | History
Composite and Garments Entity 05-Jul-24 Maintain A+ A1 Stable -
301 Pak Elektron Limited
Press Release | Report | History
Household Appliances Entity 04-Jul-24 Maintain A+ A1 Stable -
302 Engro Elengy Terminal (Private) Limited
Press Release | Report | History
Distribution | Gas Entity 04-Jul-24 Maintain AA- A1 Stable -
303 Alhamra Wada Fund
Press Release | Report | History
Mutual Funds Stability Rating 04-Jul-24 Maintain AA(f) Stable -
304 MCB Pakistan Fixed Return Fund
Press Release | Report | History
Mutual Funds Stability Rating 04-Jul-24 Maintain AA+(f) Stable -
305 Jamal Pipe Industries (Pvt.) Limited
Press Release | Report | History
Steel Entity 03-Jul-24 Maintain BBB A2 Stable -
306 Alfalah Islamic Sovereign Fund
Press Release | Report | History
Mutual Funds Stability Rating 02-Jul-24 Maintain AA+(f) Stable -
307 Alfalah Islamic Money Market Fund
Press Release | Report | History
Mutual Funds Stability Rating 02-Jul-24 Maintain AA(f) Stable -
308 Alfalah Financial Sector Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 02-Jul-24 Maintain A+(f) Stable -
309 Al Ameen Islamic Income Fund
Press Release | Report | History
Mutual Funds Stability Rating 02-Jul-24 Maintain AA(f) Stable -
310 The Bank of Punjab | Tier 2 Capital TFC | PKR 7.5695bln | Jun-24
Press Release | Report | History
Commercial Banks Debt Instrument 29-Jun-24 Initial AA Stable -
311 The Bank of Punjab
Press Release | Report | History
Commercial Banks Entity 28-Jun-24 Maintain AA+ A1+ Stable -
312 JS Bank Limited
Press Release | Report | History
Commercial Banks Entity 28-Jun-24 Upgrade AA A1+ Stable -
313 JS Bank Limited | TFC Tier 1
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Upgrade A+ Stable -
314 JS Bank Limited | Tier II TFC | 3.5bln | Aug-23
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Upgrade AA- Stable -
315 JS Bank Limited | PPTFC | Dec-21
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Upgrade AA- Stable -
316 Soneri Bank Limited | Tier 1 TFC
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain A Stable -
317 Bank Alfalah Limited
Press Release | Report | History
Commercial Banks Entity 28-Jun-24 Upgrade AAA A1+ Stable -
318 Askari Bank Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AA Stable -
319 Askari Bank Limited | TFC VI ( Additional Tier I ) | Jul-18
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AA- Stable -
320 Soneri Bank Limited | Tier 2 Capital TFC | PKR 4bln | Dec'22
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain A+ Stable -
321 The Bank of Punjab | TFC II | April-18
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AA Stable -
322 The Bank of Punjab | Additional Tier 1 Capital TFC | Jun-22
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AA- Stable -
323 The Bank of Punjab | Tier 2 | TFC-III | Apr-23
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AA Stable -
324 The Bank of Punjab | Additional Tier 1 Capital TFC | PKR 3.95bln | Feb-24
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AA- Stable -
325 Bank Alfalah Limited | Additional Tier 1 TFC | 7bln
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Upgrade AA+ Stable -
326 Bank AL Habib Limited | Tier-I | TFC IX | Apr-22
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AA+ Stable -
327 Bank AL Habib Limited | Tier-II | TFC X | PKR 7bln | Dec'22
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AAA Stable -
328 Bank Alfalah Limited | Additional Tier 1 TFC | PKR 7bln | Dec'22
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Upgrade AA+ Stable -
329 Bank AL Habib Limited | Tier II TFC VIII | Sep-21
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AAA Stable -
330 BankIslami Pakistan Limited | ADT-1 Modaraba Sukuk II | PKR 1 Bln | Feb-24
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain A Stable -
331 Bank AL Habib Limited | Tier-I | TFC VI | Dec-17
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain AA+ Stable -
332 BankIslami Pakistan Limited | ADT-1 Modaraba Sukuk I | PKR 2 Bln| Apr-20
Press Release | Report | History
Commercial Banks Debt Instrument 28-Jun-24 Maintain A Stable -
333 Lucky Electric Power Company Limited | PPSTS-18 | PKR 7bln | Apr-24
Press Release | Report | History
Power Debt Instrument 28-Jun-24 Initial AA A1+ Stable -
334 Lucky Electric Power Company Limited | PPSTS-17 | PKR 5bln | Mar-24
Press Release | Report | History
Power Debt Instrument 28-Jun-24 Initial AA A1+ Stable -
335 Rural Community Development Programmes
Press Release | Report | History
Microfinance Entity 27-Jun-24 Initial BBB A2 Stable -
336 GuarantCo Limited
Press Release | Report | History
Credit Guarantee Institutions Entity 27-Jun-24 Maintain AAA A1+ Stable -
337 Saif Textile Mills Limited
Press Release | Report | History
Spinning Entity 27-Jun-24 Maintain A- A2 Stable Yes
338 Bank of Khyber
Press Release | Report | History
Commercial Banks Entity 27-Jun-24 Maintain A+ A1 Stable -
339 First Women Bank Limited
Press Release | Report | History
Commercial Banks Entity 27-Jun-24 Maintain A- A2 Developing Yes
340 Tata Textile Mills Limited
Press Release | Report | History
Spinning Entity 27-Jun-24 Maintain A A1 Stable Yes
341 JS Investments Limited | RMR
Press Release | Report | History
Real Estate REIT Manager Rating 27-Jun-24 Maintain RM 3 Stable -
342 Trans World Enterprise Services (Pvt.) Limited
Press Release | Report | History
Telecommunication Entity 27-Jun-24 Maintain BBB A2 Stable -
343 Service Long March Tyres (Pvt.) Limited
Press Release | Report | History
Tyres Entity 27-Jun-24 Upgrade A A1 Stable -
344 Pakistan Aluminium Beverage Cans Limited
Press Release | Report | History
Paper and Packaging Entity 27-Jun-24 Upgrade AA- A1 Stable -
345 AKD Investment Management Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 27-Jun-24 Maintain AM3++ Positive -
346 Yunus Textile Mills Limited
Press Release | Report | History
Composite and Garments Entity 26-Jun-24 Maintain AA- A1+ Stable -
347 Samba Bank Limited
Press Release | Report | History
Commercial Banks Entity 26-Jun-24 Maintain AA A1 Stable Yes
348 Pakistan Kuwait Investment Company (Pvt.) Limited
Press Release | Report | History
Development Financial Institutions (DFIs) Entity 26-Jun-24 Maintain AAA A1+ Stable -
349 TPL Life Insurance Limited
Press Release | Report | History
Life Insurance IFS 26-Jun-24 Maintain A (ifs) Stable Yes
350 Adamjee Life Assurance Company Limited
Press Release | Report | History
Life Insurance IFS 26-Jun-24 Maintain A++ (ifs) Positive -
351 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Life Insurance IFS 26-Jun-24 Maintain A++ (ifs) Stable -
352 PARCO Pearl Gas (Pvt.) Limited
Press Release | Report | History
Distribution | Gas Entity 26-Jun-24 Maintain AA A1+ Stable -
353 Kohat Textile Mills Limited
Press Release | Report | History
Spinning Entity 26-Jun-24 Maintain A- A2 Stable -
354 Dawood Family Takaful Limited
Press Release | Report | History
Life Insurance IFS 26-Jun-24 Maintain A+ (ifs) Stable -
355 IGI Life Insurance Limited
Press Release | Report | History
Life Insurance IFS 25-Jun-24 Maintain A++ (ifs) Stable -
356 Askari Bank Limited
Press Release | Report | History
Commercial Banks Entity 24-Jun-24 Maintain AA+ A1+ Stable -
357 Pak Libya Holding Company (Pvt.) Limited
Press Release | Report | History
Development Financial Institutions (DFIs) Entity 24-Jun-24 Maintain AA- A1+ Positive -
358 BankIslami Pakistan Limited
Press Release | Report | History
Commercial Banks Entity 24-Jun-24 Maintain AA- A1 Stable -
359 Habib Metropolitan Bank Limited
Press Release | Report | History
Commercial Banks Entity 24-Jun-24 Maintain AA+ A1+ Stable -
360 Faysal Bank Limited
Press Release | Report | History
Commercial Banks Entity 24-Jun-24 Maintain AA A1+ Stable -
361 Allied Bank Limited
Press Release | Report | History
Commercial Banks Entity 24-Jun-24 Maintain AAA A1+ Stable -
362 MCB Islamic Bank Limited
Press Release | Report | History
Commercial Banks Entity 22-Jun-24 Upgrade A+ A1 Stable -
363 National Bank of Pakistan
Press Release | Report | History
Commercial Banks Entity 22-Jun-24 Maintain AAA A1+ Stable -
364 MCB Bank Limited
Press Release | Report | History
Commercial Banks Entity 22-Jun-24 Maintain AAA A1+ Stable -
365 Standard Chartered Bank (Pakistan) Limited
Press Release | Report | History
Commercial Banks Entity 22-Jun-24 Maintain AAA A1+ Stable -
366 Soneri Bank Limited
Press Release | Report | History
Commercial Banks Entity 22-Jun-24 Maintain AA- A1+ Stable -
367 Bank AL Habib Limited
Press Release | Report | History
Commercial Banks Entity 22-Jun-24 Maintain AAA A1+ Stable -
368 Siddiqsons Limited
Press Release | Report | History
Composite and Garments Entity 22-Jun-24 Maintain A- A1 Stable -
369 Mahmood Textile Mills Limited
Press Release | Report | History
Composite and Garments Entity 21-Jun-24 Maintain A- A2 Stable -
370 Al Meezan Investment Management Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 21-Jun-24 Maintain AM1 Stable -
371 NBP Fund Management Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 21-Jun-24 Maintain AM1 Stable -
372 Roomi Fabrics Limited
Press Release | Report | History
Composite and Garments Entity 21-Jun-24 Maintain A- A2 Stable -
373 Kashf Foundation | PPTFC | PKR 2.483bln | Dec-23
Press Release | Report | History
Microfinance Debt Instrument 21-Jun-24 Maintain AAA Stable -
374 PAIR Investment Company Limited
Press Release | Report | History
Development Financial Institutions (DFIs) Entity 21-Jun-24 Maintain AA A1+ Stable -
375 Meskay & Femtee Trading Company (Pvt.) Limited
Press Release | Report | History
Rice Entity 21-Jun-24 Maintain A- A2 Stable -
376 Pakistan Microfinance Investment Company Limited
Press Release | Report | History
Development Financial Institutions (DFIs) Entity 21-Jun-24 Maintain AA A1+ Stable Yes
377 Dawood Hercules Corporation Limited
Press Release | Report | History
Holding Companies Entity 21-Jun-24 Maintain AA A1+ Stable -
378 Abbasi and Company (Pvt.) Limited | BMR
Press Release | Report | History
Brokerage & Securities Broker Management 21-Jun-24 Maintain BMR2 Stable -
379 Abbasi and Company (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 21-Jun-24 Maintain BFR 2 Stable -
380 NBP Islamic Fixed Term Munafa Plan-III (Under NBP Islamic Mustahkam Fund)
Press Release | Report | History
Mutual Funds Stability Rating 21-Jun-24 Initial AAA(f) Stable -
381 Engro Corporation Limited
Press Release | Report | History
Holding Companies Entity 21-Jun-24 Maintain AA+ A1+ Stable -
382 Multinet Pakistan (Pvt.) Limited | Digital Infrastructure Facility | PKR 2100 mln | Aug-22
Press Release | Report | History
Technology Debt Instrument 21-Jun-24 Maintain AA Stable -
383 Narowal Energy Limited
Press Release | Report | History
Power Entity 20-Jun-24 Maintain AA- A1+ Stable -
384 ACT Wind (Pvt.) Limited
Press Release | Report | History
Power Entity 20-Jun-24 Maintain A+ A1 Stable -
385 Pak Oman Daily Dividend Fund
Press Release | Report | History
Mutual Funds Stability Rating 15-Jun-24 Maintain AA(f) Stable -
386 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies & Dealers Entity 14-Jun-24 Upgrade A- A2 Stable -
387 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies & Dealers Entity 14-Jun-24 Maintain BBB+ A2 Stable -
388 AHM Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 14-Jun-24 Maintain BFR 3 Stable -
389 Alfalah Insurance Company Limited
Press Release | Report | History
General Insurance IFS 14-Jun-24 Maintain AA+ (ifs) Stable -
390 Packages Limited
Press Release | Report | History
Holding Companies Entity 14-Jun-24 Maintain AA+ A1+ Stable -
391 The Hub Power Company Limited | PPSTS | PKR 6bln | May-24
Press Release | Report | History
Power Debt Instrument 14-Jun-24 Initial AA+ A1+ Stable -
392 K-Electric Limited
Press Release | Report | History
Transmission & Distribution | Electricity Entity 14-Jun-24 Maintain AA A1+ Stable Yes
393 VMS Trading Company
Press Release | Report | History
Rice Entity 14-Jun-24 Maintain BBB A2 Stable -
394 Meezan Plastic Industries (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 14-Jun-24 Maintain BB A3 Stable -
395 E-Vision Manufacturing Limited
Press Release | Report | History
Polyester Entity 14-Jun-24 Maintain BBB A2 Stable -
396 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Coal Mining and Trading Entity 14-Jun-24 Maintain A A2 Stable Yes
397 Ghani Chemical Industries Limited
Press Release | Report | History
Industrial Gases Entity 13-Jun-24 Maintain A A1 Stable -
398 Pearl Petro Industry (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 12-Jun-24 Maintain BBB- A2 Positive -
399 Masood Textile Mills Limited
Press Release | Report | History
Composite and Garments Entity 12-Jun-24 Initial A A2 Stable -
400 TRAFCO Insurance Company Limited
Press Release | Report | History
General Insurance IFS 07-Jun-24 Maintain BBB++ (ifs) Stable -
401 Pakistan Refinery Limited
Press Release | Report | History
Refineries Entity 07-Jun-24 Upgrade A A1 Stable -
402 Pioneer Cement Limited
Press Release | Report | History
Cement Entity 07-Jun-24 Maintain A A2 Stable -
403 Orient Power Company (Pvt.) Limited
Press Release | Report | History
Power Entity 07-Jun-24 Maintain AA- A1 Stable -
404 Nishat Hotels and Properties Ltd
Press Release | Report | History
Hotel & Lodging Entity 07-Jun-24 Upgrade A A1 Stable -
405 Beacon Impex (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 05-Jun-24 Initial A A1 Stable -
406 Ismail Iqbal Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 04-Jun-24 Upgrade BFR 3+ Stable -
407 Alhamra Cash Management Optimizer
Press Release | Report | History
Mutual Funds Stability Rating 04-Jun-24 Maintain AA+(f) Stable Yes
408 Khaadi Pakistan (SMC-Pvt) Limited
Press Release | Report | History
Composite and Garments Entity 03-Jun-24 Maintain A A1 Stable -
409 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Oil Transportation & Storage Entity 01-Jun-24 Maintain AAA A1+ Stable -
410 H. Sadar Ali Akhtar Ali (Pvt.) Limited
Press Release | Report | History
Leather Entity 31-May-24 Initial BBB+ A2 Stable -
411 Martin Dow Marker Limited
Press Release | Report | History
Pharmaceuticals Entity 31-May-24 Maintain A+ A1 Stable -
412 EFU General Insurance Limited
Press Release | Report | History
General Insurance IFS 31-May-24 Maintain AA++ (ifs) Stable -
413 Gas & Oil Pakistan Limited
Press Release | Report | History
Oil Marketing Companies & Dealers Entity 31-May-24 Maintain A+ A1 Developing Yes
414 Hub Power Holdings Limited | Sukuk
Press Release | Report | History
Holding Companies Debt Instrument 31-May-24 Maintain AA+ Stable -
415 ABL Special Saving Fund
Press Release | Report | History
Asset Management Companies (AMCs) Capital Preservation Rating 31-May-24 Same CP2+ Stable -
416 Pak Qatar Asan Munafa Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Mutual Funds Stability Rating 31-May-24 Maintain AA(f) Stable -
417 LOTTE Kolson (Pvt.) Limited
Press Release | Report | History
Food Products Entity 30-May-24 Maintain A- A2 Stable Yes
418 Panther Tyres Limited
Press Release | Report | History
Tyres Entity 29-May-24 Maintain A A1 Stable -
419 Olympia Chemicals Limited
Press Release | Report | History
Chemicals Entity 27-May-24 Upgrade A A1 Stable -
420 Reem Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 27-May-24 Maintain A- A2 Stable Yes
421 National Investment Trust Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 24-May-24 Maintain AM1 Stable -
422 Master Green Energy Limited
Press Release | Report | History
Power Entity 24-May-24 Maintain A A1 Stable -
423 Attock Refinery Limited
Press Release | Report | History
Refineries Entity 24-May-24 Maintain AA A1+ Stable -
424 National Refinery Limited
Press Release | Report | History
Refineries Entity 24-May-24 Downgrade AA A1 Stable Yes
425 Ziauddin University
Press Release | Report | History
Education Entity 23-May-24 Maintain BBB A2 Stable -
426 Habib Metropolitan Financial Services Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 17-May-24 Maintain BFR 3+ Stable -
427 ABL Cash Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 17-May-24 Maintain AA+(f) Stable -
428 ABL Islamic Income Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 17-May-24 Maintain A+(f) Stable -
429 ABL Income Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 17-May-24 Maintain A+(f) Stable -
430 ABL Government Securities Fund
Press Release | Report | History
Asset Management Companies (AMCs) Stability Rating 17-May-24 Maintain AA-(f) Stable -
431 TPL Corp Limited
Press Release | Report | History
Holding Companies Entity 17-May-24 Maintain A A1 Stable -
432 Hub Power Holdings Limited
Press Release | Report | History
Holding Companies Entity 17-May-24 Maintain AA A1+ Stable -
433 Pakistan Mobile Communications Limited
Press Release | Report | History
Telecommunication Entity 17-May-24 Maintain AA A1 Stable -
434 Descon Oxychem Limited
Press Release | Report | History
Chemicals Entity 17-May-24 Maintain A+ A1 Stable -
435 Entertainment Pakistan Limited
Press Release | Report | History
Real Estate Entity 16-May-24 Maintain BB A3 Stable -
436 NRSP Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 15-May-24 Maintain A- A2 Stable Yes
437 Crown Textile
Press Release | Report | History
Composite and Garments Entity 14-May-24 Maintain BBB- A2 Stable -
438 H. Nizam Din & Sons (Pvt.) Limited
Press Release | Report | History
Relief Entity 13-May-24 Maintain A- A2 Stable -
439 Sitara Petroleum Service Limited
Press Release | Report | History
Oil Marketing Companies & Dealers Entity 10-May-24 Maintain A- A2 Stable -
440 KTRADE Securities Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 10-May-24 Maintain BFR 2 Stable -
441 Rainbow Hosiery (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 10-May-24 Maintain BBB- A2 Positive -
442 TPL Insurance Limited
Press Release | Report | History
General Insurance IFS 03-May-24 Maintain AA (ifs) Stable -
443 Nishat Mills Limited
Press Release | Report | History
Composite and Garments Entity 02-May-24 Maintain AA A1+ Stable -
444 Infra Zamin Pakistan Limited
Press Release | Report | History
Credit Guarantee Institutions Entity 02-May-24 Maintain AAA A1+ Stable -
445 Sefam (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 02-May-24 Maintain A- A2 Stable Yes
446 Mobilink Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 30-Apr-24 Maintain A A1 Stable -
447 Telenor Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 30-Apr-24 Maintain A A1 Stable Yes
448 AGAHE Pakistan
Press Release | Report | History
Microfinance Entity 26-Apr-24 Maintain BBB- A3 Positive -
449 TPL Properties Limited
Press Release | Report | History
Real Estate Entity 26-Apr-24 Maintain A+ A1 Stable -
450 Union Microfinance Company Limited
Press Release | Report | History
Microfinance Entity 26-Apr-24 Maintain BB+ A3 Stable Yes
451 Pakistan Synthetics Limited
Press Release | Report | History
Paper and Packaging Entity 26-Apr-24 Maintain A- A2 Stable -
452 Salman Paper Products (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 23-Apr-24 Maintain BBB A2 Stable -
453 Alfalah Securities (Pvt.) Limited (Formerly: Alfalah CLSA Securities (Pvt.) Limited)
Press Release | Report | History
Brokerage & Securities Entity 23-Apr-24 Maintain A- A1 Stable Yes
454 Alfalah Securities (Pvt.) Limited (Formerly: Alfalah CLSA Securities (Pvt.) Limited) | BFR
Press Release | Report | History
Brokerage & Securities BFR 23-Apr-24 Maintain BFR 2+ Stable Yes
455 New Horizon Computer
Press Release | Report | History
Technology Entity 20-Apr-24 Maintain BB+ A3 Stable -
456 Asif Rice Mills
Press Release | Report | History
Rice Entity 19-Apr-24 Maintain BBB+ A2 Stable -
457 National Foods Limited
Press Release | Report | History
Food Products Entity 19-Apr-24 Maintain AA- A1 Stable -
458 Flying Cement Company Limited
Press Release | Report | History
Cement Entity 19-Apr-24 Maintain A- A2 Stable Yes
459 The United Insurance Company of Pakistan Limited
Press Release | Report | History
General Insurance IFS 19-Apr-24 Maintain AA+ (ifs) Stable -
460 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Sugar Entity 09-Apr-24 Maintain A+ A1 Stable -
461 Lucky Electric Power Company Limited
Press Release | Report | History
Power Entity 08-Apr-24 Maintain AA A1+ Stable -
462 Reliance Cotton Spinning Mills Limited
Press Release | Report | History
Spinning Entity 08-Apr-24 Maintain A- A2 Stable -
463 Shahzad Textile Mills Limited
Press Release | Report | History
Spinning Entity 08-Apr-24 Maintain A- A2 Stable Yes
464 Noon Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-24 Maintain BBB+ A2 Stable -
465 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-24 Maintain A- A2 Stable -
466 Mehran Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-24 Maintain A- A2 Stable -
467 Jauharabad Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-24 Maintain BBB+ A2 Stable -
468 SGM Sugar Mills Limited
Press Release | Report | History
Sugar Entity 05-Apr-24 Maintain BBB A2 Stable -
469 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 05-Apr-24 Maintain A- A2 Stable -
470 Jhimpir Power (Pvt.) Limited
Press Release | Report | History
Power Entity 05-Apr-24 Upgrade A+ A1 Stable -
471 Hawa Energy (Pvt.) Limited
Press Release | Report | History
Power Entity 05-Apr-24 Upgrade A+ A1 Stable -
472 Quaid-e-Azam Solar Power (Pvt.) Limited
Press Release | Report | History
Power Entity 04-Apr-24 Maintain AA A1+ Stable -
473 International Business Management
Press Release | Report | History
Paper and Packaging Entity 03-Apr-24 Maintain BB+ A3 Stable -
474 Bikiya Industries (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 03-Apr-24 Maintain BB A3 Stable -
475 Madiha International (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 03-Apr-24 Maintain BB A3 Stable -
476 First Capital Investments Limited
Press Release | Report | History
Asset Management Companies (AMCs) Asset Manager 03-Apr-24 Maintain AM4++ Stable -
477 Mount Fuji Textiles Limited
Press Release | Report | History
Composite and Garments Entity 30-Mar-24 Maintain BBB A2 Positive -
478 Jinn Petroleum (Pvt.) Limited
Press Release | Report | History
Oil Marketing Companies & Dealers Entity 29-Mar-24 Maintain BBB A2 Stable -
479 Masood Fabrics Limited
Press Release | Report | History
Composite and Garments Entity 29-Mar-24 Maintain A- A2 Stable -
480 Sindh Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 29-Mar-24 Maintain A- A2 Stable -
481 H.A.R Fibres (Pvt.) Limited
Press Release | Report | History
Spinning Entity 29-Mar-24 Maintain BBB- A2 Stable -
482 Sargodha Jute Mills Limited
Press Release | Report | History
Jute Entity 29-Mar-24 Maintain A- A2 Stable -
483 Ultra Pack (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 29-Mar-24 Maintain BBB A2 Stable -
484 SAFCO Microfinance Company (Private) Limited
Press Release | Report | History
Microfinance Entity 28-Mar-24 Maintain BBB A3 Stable -
485 JWS Pakistan
Press Release | Report | History
Microfinance Entity 28-Mar-24 Maintain BBB A3 Stable -
486 Qadir Agro Industries (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 27-Mar-24 Maintain BB+ A3 Stable -
487 Gharibwal Cement Limited
Press Release | Report | History
Cement Entity 25-Mar-24 Maintain A A2 Stable -
488 Dr. Arslan Razaque Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 22-Mar-24 Initial BFR 3 Stable -
489 Kohinoor Energy Limited
Press Release | Report | History
Power Entity 22-Mar-24 Maintain AA A1+ Stable -
490 Fecto Cement Limited
Press Release | Report | History
Cement Entity 22-Mar-24 Maintain A- A2 Stable Yes
491 Halmore Power Generation Company Limited
Press Release | Report | History
Power Entity 22-Mar-24 Maintain AA- A1 Stable -
492 Warble (Pvt.) Limited
Press Release | Report | History
Pesticides Entity 21-Mar-24 Maintain BBB- A2 Stable -
493 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Pesticides Entity 21-Mar-24 Maintain BBB- A2 Stable -
494 Saif Power Limited
Press Release | Report | History
Power Entity 21-Mar-24 Maintain AA- A1 Stable -
495 KTM Leather (Pvt.) Limited
Press Release | Report | History
Leather Entity 21-Mar-24 Maintain BBB+ A2 Stable Yes
496 US Denim Mills (Pvt.) Limited
Press Release | Report | History
Weaving Entity 20-Mar-24 Maintain A A1 Stable -
497 The Punjab Provincial Cooperative Bank Limited
Press Release | Report | History
Commercial Banks Entity 19-Mar-24 Initial BBB+ A2 Stable -
498 Malik MIJ Chunxing Resources Recycling Company Limited
Press Release | Report | History
Metals Entity 18-Mar-24 Upgrade A- A2 Stable -
499 ASA Microfinance Bank (Pakistan) Limited (Formerly ASA Pakistan Limited)
Press Release | Report | History
Microfinance Social Impact and Performance Rating 17-Mar-24 Maintain SIP2 Positive -
500 Descon Engineering Limited
Press Release | Report | History
Construction Entity 15-Mar-24 Maintain AA- A1 Stable -
501 Unicol Limited
Press Release | Report | History
Sugar Entity 15-Mar-24 Maintain A A1 Stable -
502 Aba Ali Habib Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 15-Mar-24 Initial BFR 2 Stable -
503 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Sugar Entity 15-Mar-24 Maintain BBB+ A2 Stable -
504 Aba Ali Habib Securities (Pvt.) Limited
Press Release | Report | History
Brokerage & Securities Entity 15-Mar-24 Maintain A- A2 Stable -
505 Fauji Cement Company Limited
Press Release | Report | History
Cement Entity 15-Mar-24 Maintain AA- A1+ Stable -
506 Imperium Hospitality (Pvt.) Limited
Press Release | Report | History
Real Estate Entity 13-Mar-24 Upgrade BBB+ A2 Stable -
507 ARY Communications Limited
Press Release | Report | History
Media Entity 12-Mar-24 Initial A A1 Stable -
508 Zafar Securities (Pvt.) Limited | BFR
Press Release | Report | History
Brokerage & Securities BFR 08-Mar-24 Maintain BFR 3+ Stable -
509 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Composite and Garments Entity 07-Mar-24 Maintain AA- A1 Stable -
510 Newage Cables (Pvt.) Limited
Press Release | Report | History
Transmission & Distribution | Electricity Entity 04-Mar-24 Initial A- A2 Stable -
511 D.G. Khan Cement Company Limited
Press Release | Report | History
Cement Entity 01-Mar-24 Maintain AA- A1+ Stable -
512 Allawasaya Spinning Mills (Pvt) Limited
Press Release | Report | History
Spinning Entity 01-Mar-24 Maintain BBB- A3 Stable Yes
513 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Spinning Entity 01-Mar-24 Maintain BBB A2 Stable Yes
514 Adamjee Insurance Company Limited
Press Release | Report | History
General Insurance IFS 01-Mar-24 Maintain AA++ (ifs) Stable -
515 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Spinning Entity 01-Mar-24 Maintain BBB A2 Stable -
516 Masood Spinning Mills Limited
Press Release | Report | History
Spinning Entity 01-Mar-24 Maintain A- A2 Stable -
517 OLP Financial Services Pakistan Limited (Formerly ORIX Leasing Pakistan Limited)
Press Release | Report | History
Non-Banking Finance Companies Entity 01-Mar-24 Maintain AA+ A1+ Stable -
518 OLP Modaraba (Formerly ORIX Modaraba)
Press Release | Report | History
Non-Banking Finance Companies Entity 01-Mar-24 Maintain AA A1+ Stable -
519 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Media Entity 01-Mar-24 Maintain BBB+ A2 Stable -
520 Poly Pack (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 01-Mar-24 Maintain A- A2 Stable -
521 Faysal Special Savings Fund
Press Release | Report | History
Mutual Funds Capital Preservation Rating 29-Feb-24 Initial CP2+ Stable -
522 Kashf Foundation
Press Release | Report | History
Microfinance Entity 23-Feb-24 Upgrade A A1 Stable -
523 US Apparel & Textiles (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 23-Feb-24 Maintain A+ A1 Stable -
524 IGI General Insurance Limited
Press Release | Report | History
General Insurance IFS 23-Feb-24 Maintain AA+ (ifs) Stable -
525 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Poultry Feed Entity 23-Feb-24 Maintain A- A2 Stable -
526 Select Technologies (Pvt.) Limited
Press Release | Report | History
Mobile Phone and Allied Products Entity 23-Feb-24 Initial A A1 Stable -
527 FINCA Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 23-Feb-24 Downgrade BBB+ A3 Negative Yes
528 Jubilee Life Insurance Company Limited
Press Release | Report | History
Life Insurance IFS 22-Feb-24 Maintain AA++ (ifs) Stable -
529 Alhamd Corporation (Pvt.) Limited
Press Release | Report | History
Spinning Entity 22-Feb-24 Maintain A- A2 Stable -
530 Hyundai Nishat Motor (Pvt.) Limited
Press Release | Report | History
Passenger Cars Entity 21-Feb-24 Maintain A+ A1 Stable -
531 Liberty Wind Power 1 Limited
Press Release | Report | History
Power Entity 20-Feb-24 Maintain A A2 Stable -
532 Liberty Wind Power 2 Limited
Press Release | Report | History
Power Entity 20-Feb-24 Maintain A A2 Stable -
533 Sapphire Electric Company Limited
Press Release | Report | History
Power Entity 19-Feb-24 Maintain AA- A1+ Stable -
534 Maqbool Textile Mills Limited
Press Release | Report | History
Spinning Entity 16-Feb-24 Maintain BBB+ A2 Stable Yes
535 Eastern Garments (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 16-Feb-24 Maintain A- A2 Stable -
536 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Composite and Garments Entity 16-Feb-24 Maintain A A1 Stable -
537 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Sugar Entity 16-Feb-24 Maintain BBB A2 Positive -
538 Gul Ahmed Electric Limited
Press Release | Report | History
Power Entity 16-Feb-24 Maintain A A2 Stable -
539 Nishat Paper Products Company Limited
Press Release | Report | History
Paper and Packaging Entity 16-Feb-24 Maintain A A1 Stable -
540 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 16-Feb-24 Maintain BBB A2 Stable -
541 BMA Investment Advisors Limited (Formerly BMA Asset Management Company Limited)
Press Release | Report | History
Asset Management Companies (AMCs) Investment Advisor Rating 09-Feb-24 Upgrade AM2+ (ia) Stable -
542 Askari General Insurance Company Limited
Press Release | Report | History
General Insurance IFS 07-Feb-24 Maintain AA+ (ifs) Stable -
543 Pak Qatar General Takaful Limited
Press Release | Report | History
General Insurance IFS 07-Feb-24 Maintain A+ (ifs) Stable -
544 Ibrahim Fibres Limited
Press Release | Report | History
Polyester Entity 07-Feb-24 Maintain AA A1+ Stable -
545 Mehmooda Maqbool Mills Limited
Press Release | Report | History
Edible Oil Entity 07-Feb-24 Maintain BBB+ A2 Stable -
546 Punjab Oil Mills Limited
Press Release | Report | History
Edible Oil Entity 07-Feb-24 Maintain BBB+ A2 Stable -
547 Shujabad Agro Industries (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 07-Feb-24 Maintain A- A2 Stable -
548 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Edible Oil Entity 07-Feb-24 Maintain BBB- A3 Positive -
549 Denim-E (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 07-Feb-24 Maintain BBB- A2 Stable -
550 Salaam Takaful Limited (Formerly: Takaful Pakistan Limited)
Press Release | Report | History
General Insurance IFS 02-Feb-24 Maintain A++ (ifs) Stable -
551 Sindh Insurance Limited
Press Release | Report | History
General Insurance IFS 31-Jan-24 Maintain A++ (ifs) Stable -
552 Jasons Commodities
Press Release | Report | History
Rice Entity 31-Jan-24 Upgrade BBB A2 Stable -
553 Sitara Heights (Pvt.) Limited
Press Release | Report | History
Real Estate Entity 30-Jan-24 Maintain A- A2 Negative Yes
554 Latif Textile Mills (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 27-Jan-24 Maintain BBB- A2 Stable -
555 KAM International
Press Release | Report | History
Composite and Garments Entity 27-Jan-24 Maintain A- A2 Stable -
556 Crescent Star Insurance Limited
Press Release | Report | History
General Insurance IFS 26-Jan-24 Maintain A (ifs) Stable Yes
557 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Companies Entity 26-Jan-24 Maintain A- A1 Stable -
558 Techno Time Construction (Pvt.) Limited
Press Release | Report | History
Construction Entity 26-Jan-24 Maintain BBB A2 Positive -
559 Zahir Khan & Brothers
Press Release | Report | History
Construction Entity 23-Jan-24 Maintain A A2 Stable -
560 Ali Embroidery Mills (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 23-Jan-24 Maintain BBB A2 Stable -
561 Oursun Pakistan Limited
Press Release | Report | History
Power Entity 22-Jan-24 Maintain A A1 Stable -
562 Sabirs' Vegetable Oils (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 20-Jan-24 Upgrade BBB A2 Stable -
563 Al-Khair Rice Mills (Pvt.) Limited
Press Release | Report | History
Rice Entity 18-Jan-24 Maintain BBB A2 Stable -
564 BRB Properties Builders and Developers
Press Release | Report | History
Real Estate Entity 17-Jan-24 Maintain BB+ A3 Stable -
565 Dynamic Packaging (Pvt.) Limited
Press Release | Report | History
Paper and Packaging Entity 17-Jan-24 Maintain BBB A2 Stable -
566 ACT2 Din Wind (Pvt) Limited ( formerly: ACT2 Wind (Pvt.) Limited )
Press Release | Report | History
Power Entity 16-Jan-24 Maintain A- A2 Stable -
567 Loads Limited
Press Release | Report | History
Automotive Parts Entity 16-Jan-24 Maintain A A1 Negative Yes
568 University of Management and Technology
Press Release | Report | History
Education Entity 15-Jan-24 Initial A- A2 Stable -
569 Tourism Promotion Services (Pakistan) Limited
Press Release | Report | History
Hotel & Lodging Entity 12-Jan-24 Initial AA A1 Stable -
570 Kohat Cement Company Limited
Press Release | Report | History
Cement Entity 12-Jan-24 Upgrade A+ A1 Stable -
571 Toyota Jinnah Motors (Pvt.) Limited
Press Release | Report | History
Passenger Cars Entity 10-Jan-24 Maintain BBB A2 Stable -
572 Foundation Power Company Daharki Limited
Press Release | Report | History
Power Entity 05-Jan-24 Maintain AA- A1+ Stable -
573 ISE Towers REIT Management Company Limited
Press Release | Report | History
Non-Banking Finance Companies Entity 05-Jan-24 Maintain A A1 Stable -
574 Multi Resin Industries
Press Release | Report | History
Chemicals Entity 03-Jan-24 Maintain BBB- A2 Stable -
575 JS Rental REIT
Press Release | Report | History
Real Estate Rental REIT Fund 03-Jan-24 Maintain A+(rr) Stable -
576 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharmaceuticals Entity 30-Dec-23 Upgrade AA A1+ Stable -
577 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 30-Dec-23 Maintain A- A2 Stable -
578 DEL Engineering Domestic (Pvt.) Limited
Press Release | Report | History
Holding Companies Entity 29-Dec-23 Initial AA- A1 Stable -
579 Service Global Footwear Limited
Press Release | Report | History
Footwear Entity 29-Dec-23 Initial A+ A1 Stable -
580 Ahmad Hassan Textile Mills Limited
Press Release | Report | History
Weaving Entity 29-Dec-23 Maintain BBB+ A2 Stable -
581 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Power Entity 29-Dec-23 Maintain AA+ A1+ Stable -
582 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Furniture & Fixtures Entity 29-Dec-23 Maintain A- A2 Stable -
583 Azhar Corporation (Pvt.) Limited
Press Release | Report | History
Edible Oil Entity 29-Dec-23 Maintain BBB A2 Stable -
584 HBL Microfinance Bank Limited
Press Release | Report | History
Microfinance Entity 28-Dec-23 Maintain A+ A1 Stable -
585 Dr. Ziauddin Hospital Trust
Press Release | Report | History
Healthcare Entity 28-Dec-23 Initial A- A2 Stable -
586 Al Rahim Textile Industries Limited
Press Release | Report | History
Towels Entity 28-Dec-23 Maintain A A1 Stable -
587 Allah Tawaqal Metals (Pvt.) Limited
Press Release | Report | History
Steel Entity 28-Dec-23 Maintain BB+ A3 Stable -
588 Cherat Cement Company Limited
Press Release | Report | History
Cement Entity 28-Dec-23 Maintain A+ A1 Stable -
589 Meko Denim Mills (Pvt.) Limited
Press Release | Report | History
Composite and Garments Entity 26-Dec-23 Initial BBB+ A2 Stable -
590 TPL REIT Management Company Limited
Press Release | Report | History
Real Estate REIT Manager Rating 23-Dec-23 Maintain RM 3+ Stable -
591 TPL REIT Fund I
Press Release | Report | History
Real Estate REIT Fund Rating 23-Dec-23 Maintain RFR 3+ Stable -
592 Reliance Weaving Mills Limited
Press Release | Report | History
Composite and Garments Entity 22-Dec-23 Maintain A A2 Stable -
593 5th Pillar Family Takaful Limited
Press Release | Report | History