Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 AWT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-May-25 Maintain A+(f) Stable -
2 AWT Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-May-25 Maintain A+(f) Stable -
3 AWT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-May-25 Maintain A+(f) Stable -
4 Atlas Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA-(f) Stable -
5 Atlas Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA-(f) Stable -
6 Atlas Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA(f) Stable -
7 Atlas Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA+(f) Stable -
8 Atlas Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA+(f) Stable -
9 Atlas Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 07-May-25 Maintain AA-(f) Stable -
10 MCB Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA+(f) Stable -
11 MCB DCF Income Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA-(f) Stable -
12 Pakistan Income Enhancement Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain A+(f) Stable -
13 Pakistan Income Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Upgrade AA(f) Stable -
14 Alhamra Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA-(f) Stable -
15 Alhamra Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA(f) Stable -
16 Alhamra Islamic Money Market Fund (Formerly: MCB Pakistan Frequent Payout Fund)
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA+(f) Stable -
17 Pakistan Cash Management Fund
Press Release | Report | History
Capital Markets Stability Rating 05-May-25 Maintain AA+(f) Stable -
18 Lakson Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 02-May-25 Maintain AA(f) Stable -
19 Lakson Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 02-May-25 Maintain AA+(f) Stable -
20 Lakson Income Fund
Press Release | Report | History
Capital Markets Stability Rating 02-May-25 Maintain A+(f) Stable -
21 Lucky Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 28-Apr-25 Initial AA(f) Stable -
22 AL Habib Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Apr-25 Maintain AA(f) Stable -
23 AL Habib Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-25 Maintain AA+(f) Stable -
24 AL Habib Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-25 Maintain AA(f) Stable -
25 AL Habib Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Apr-25 Maintain AA(f) Stable -
26 NBP Islamic Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Apr-25 Maintain AA-(f) Stable -
27 NBP Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
28 NBP Government Securities Liquid Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AAA(f) Stable -
29 NBP Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
30 NBP Government Securities Plan - IV
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA(f) Stable -
31 NBP Government Securities Savings Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA-(f) Stable -
32 NBP Income Opportunity Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
33 NBP Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA+(f) Stable -
34 NBP Islamic Government Securities Plan – III
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA(f) Stable -
35 NBP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
36 NBP Islamic Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
37 NBP Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA(f) Stable -
38 NBP Mahana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA-(f) Stable -
39 NBP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain AA(f) Stable -
40 NBP Riba Free Saving Fund
Press Release | Report | History
Capital Markets Stability Rating 17-Apr-25 Maintain A+(f) Stable -
41 Lucky Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 11-Apr-25 Initial AA+(f) Stable -
42 ABL Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Mar-25 Initial AA(f) Stable -
43 Alfalah Financial Sector Income Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Mar-25 Maintain A+(f) Stable -
44 Alfalah Islamic Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Mar-25 Maintain AA+(f) Stable -
45 Alfalah Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 07-Mar-25 Maintain AA(f) Stable -
46 Alhamra Wada Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Jan-25 Upgrade AA+(f) Stable -
47 MCB Pakistan Fixed Return Fund
Press Release | Report | History
Capital Markets Stability Rating 31-Jan-25 Upgrade AAA(f) Stable -
48 Al Ameen Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 21-Jan-25 Maintain AA(f) Stable -
49 NBP Islamic Fixed Term Munafa Plan-III (Under NBP Islamic Mustahkam Fund)
Press Release | Report | History
Capital Markets Stability Rating 26-Dec-24 Maintain AAA(f) Stable -
50 ABL Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Maintain A+(f) Stable -
51 ABL Income Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Maintain A+(f) Stable -
52 ABL Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Maintain AA-(f) Stable -
53 ABL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Maintain AA+(f) Stable -
54 Atlas Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 24-Dec-24 Initial AA(f) Stable -
55 Pak Oman Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Dec-24 Maintain AA(f) Stable -
56 JS Fixed Term Munafa Fund
Press Release | Report | History
Capital Markets Stability Rating 13-Dec-24 Initial AAA(f) Stable -
57 Alhamra Cash Management Optimizer
Press Release | Report | History
Capital Markets Stability Rating 13-Dec-24 Maintain AA+(f) Stable Yes
58 Pak Qatar Asan Munafa Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Dec-24 Maintain AA(f) Stable -
59 Pak Qatar Monthly Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-24 Maintain A+(f) Stable -
60 Pak Qatar Khalis Bachat Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-24 Maintain A(f) Stable -
61 Pak Qatar Daily Dividend Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-24 Maintain AA(f) Stable -
62 Pak Qatar Cash Plan under Pak Qatar Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 04-Dec-24 Maintain AA(f) Stable -
63 Pak Qatar Income Plan under Pak Qatar Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 28-Nov-24 Upgrade AA-(f) Stable -
64 Alhamra Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-24 Initial AA(f) Stable -
65 MCB DCF Fixed Return Fund II
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-24 Initial AAA(f) Stable -
66 MCB DCF Fixed Return Fund III
Press Release | Report | History
Capital Markets Stability Rating 12-Nov-24 Initial AAA(f) Stable -
67 AL Habib Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Nov-24 Initial AAA(f) Stable -
68 ABL Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-24 Maintain AA+(f) Stable -
69 ABL Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-24 Maintain AA+(f) Stable -
70 ABL Financial Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-24 Maintain A+(f) Stable -
71 ABL Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Oct-24 Maintain AA+(f) Stable Yes
72 JS Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA+(f) Stable -
73 JS Government Securities Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA(f) Stable -
74 JS Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain A+(f) Stable -
75 JS Islamic Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA(f) Stable -
76 JS Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA-(f) Stable -
77 JS Microfinance Sector Fund
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain A(f) Stable -
78 Alfalah Financial Sector Opportunity Fund (Formerly: Faysal Financial Sector Opprotunity Fund)
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain A+(f) Stable -
79 Alfalah Income & Growth Fund (Formerly: Faysal Income & Growth Fund)
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain A(f) Stable -
80 Alfalah Money Market Fund-II (Formerly: Faysal Money Market Fund)
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA(f) Stable -
81 Alfalah MTS Fund (Formerly: Faysal MTS Fund)
Press Release | Report | History
Capital Markets Stability Rating 22-Oct-24 Maintain AA-(f) Stable -
82 786 Smart Fund
Press Release | Report | History
Capital Markets Stability Rating 18-Oct-24 Maintain AA-(f) Stable -
83 Alfalah Islamic Rozana Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 14-Oct-24 Maintain AA(f) Stable -
84 Alfalah GHP Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 14-Oct-24 Maintain AA-(f) Stable -
85 Alfalah GHP Income Multiplier Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain A+(f) Stable -
86 Alfalah GHP Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA-(f) Stable -
87 Alfalah GHP Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA+(f) Stable -
88 AWT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA+(f) Stable -
89 Faysal Halal Amdani Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA(f) Stable -
90 Alfalah Saving Growth Fund (Formerly: Faysal Saving Growth Fund)
Press Release | Report | History
Capital Markets Stability Rating 09-Oct-24 Maintain AA-(f) Stable -
91 UBL Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Sep-24 Maintain AA+(f) Stable -
92 Alfalah GHP Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 27-Sep-24 Maintain AA+(f) Stable -
93 Alfalah GHP Income Fund
Press Release | Report | History
Capital Markets Stability Rating 23-Sep-24 Maintain AA-(f) Stable -
94 AKD Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-24 Maintain AA+(f) Stable -
95 AKD Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-24 Maintain AA-(f) Stable -
96 AKD Islamic Daily Dividend Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-24 Maintain AA(f) Stable -
97 AKD Aggressive Income Fund
Press Release | Report | History
Capital Markets Stability Rating 09-Sep-24 Maintain A+(f) Stable -
98 MCB DCF Fixed Return Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Initial AAA(f) Stable -
99 NIT Government Bond Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA(f) Stable -
100 NIT Income Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
101 NIT Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
102 MCB Pakistan Sovereign Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA-(f) Stable -
103 Mahaana Islamic Cash Fund
Press Release | Report | History
Capital Markets Stability Rating 06-Sep-24 Maintain AA+(f) Stable -
104 JS Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 05-Sep-24 Maintain AA+(f) Stable -
105 NIT Money Market Fund
Press Release | Report | History
Capital Markets Stability Rating 30-Aug-24 Maintain AAA(f) Stable Yes
106 Faysal Islamic Special Income Fund
Press Release | Report | History
Capital Markets Stability Rating 29-Aug-24 Maintain AA(f) Stable -
107 Pak Oman Advantage Islamic Income Fund
Press Release | Report | History
Capital Markets Stability Rating 16-Aug-24 Maintain A+(f) Stable Yes
108 Askari High Yield Scheme
Press Release | Report | History
Capital Markets Stability Rating 16-Aug-24 Maintain A(f) Stable -
109 Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund)
Press Release | Report | History
Capital Markets Stability Rating 16-Aug-24 Maintain A+(f) Stable -
Complaints
Ms. Iram Tahir | Compliance Officer

+92 42 3586 9504-6 | compliance@pacra.com

DISCLAIMER
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