Faheem Ahmad

Founder VIS Group

President & CEO

VIS Credit Rating Company Limited


Director - ACRAA

Vice-Chairman (2018-2023)

Chairman (2013-2017)

Association of Credit Rating Agencies in Asia


President - Strategic

Planning and Global Relationships

Islamic International Rating Agency

VIS Reaffirms Entity Ratings of Dairyland (Pvt) Limited VIS Reaffirms Entity Ratings of Associated Technologies (Pvt.) Limited VIS Assigns Initial Broker Fiduciary Rating to Pearl Securities Limited VIS Reaffirms Entity Ratings of First Paramount Modaraba VIS Reaffirms Entity Ratings of A.A. Spinning Mills Limited VIS Withdraws Entity Ratings of Cotton Web Limited VIS Reaffirms Fund Stability Rating of Al Ameen Islamic Aggressive Income Fund VIS Reaffirms Fund Stability Rating of Al Ameen Islamic Cash Fund VIS Reaffirms Fund Stability Rating of Al Ameen Islamic Sovereign Fund VIS Reaffirms Entity Ratings of Lahore Sialkot Motorway Infrastructure Management (Pvt.) Limited.

China Chengxin International Credit Rating Co.Ltd CCXI:    Press Release    |    COUNTRY RISK REPORT ALONG THE BELT AND ROAD (2022)

International Collaborations:    Japan Credit Rating Agency, Ltd    |    China Chengxin International Credit Rating Co., Ltd


Press Release:    VIS Announces Strategic Promotions in Executive Leadership

Name Date Rating Type Long Term Short Term Outlook/Rating Watch Action
Dairyland (Pvt) Limited 1/17/2025 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Positive Reaffirmed
Associated Technologies (Pvt) Limited 1/17/2025 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
Pearl Securities Limited 1/16/2025 BFR
BFR3 Good fiduciary standards
Stable Initial
First Paramount Modaraba 1/16/2025 Entity
BBB Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A3 Fair likelihood of timely repayment of short-term debt obligations with satisfactory liquidity factors
Stable Reaffirmed
AA Spinning Mills Limited 1/15/2025 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
Lahore Sialkot Motorway Infrastructure Management (Pvt) Ltd 1/14/2025 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
Cotton Web Limited 1/14/2025 Entity
Withdrawn
Al Ameen Islamic Cash Fund 1/9/2025 Fund Stability
AA+(f) High degree of stability in Net Asset Value; Risk is modest but may vary slightly from time to time because of changing economic conditions.
Reaffirmed
Al Ameen Islamic Aggressive Income Fund 1/9/2025 Fund Stability
A+(f) Moderate degree of stability in Net Asset Value; Risk factors may vary with possible changes in the economy.
Reaffirmed
Al Ameen Islamic Sovereign Fund 1/9/2025 Fund Stability
AA(f) High degree of stability in Net Asset Value; Risk is modest but may vary slightly from time to time because of changing economic conditions.
Reaffirmed
See All