Press Release
VIS Assigns Management Quality Rating to Pak Qatar Asset Management Company Limited
Karachi, January 01, 2026: VIS Credit Rating Company Limited (VIS) has assigned initial Management Quality Rating of ‘AM2+’ (AM Two Plus) to Pak Qatar Asset Management Company Limited (‘PQAMC’ or the ‘AMC’). ‘AM2+’ rating denotes Asset manager exhibit very good management characteristics. Outlook on the assigned rating is “Stable”.
Assigned rating reflects PQAMC’s strong sponsorship of Pak-Qatar Group, sound governance framework, and a strengthening operating and financial profile. Sponsor support provides strategic direction, brand strength, and distribution synergies, particularly through group takaful channels. A well-structured Board, active committees, and an experienced management team supports effective oversight and execution. The AMC’s exclusive focus on Shariah-compliant products, supported by sound Shariah governance framework, enhances franchise strength and market positioning. Financial risk remains low, reflected in improving profitability, a debt-free balance sheet, and comfortable liquidity. Fund performance relative to peers remains fairly strong. However, the Company’s scale remains modest, which is partly offset by its positioning in the growing Islamic asset management segment, supported by a diversified retail unit holder base and expanding digital and direct distribution network.
For further information on this ratings announcement, please contact at 021-35311861-64 or email at info@vis.com.pk.
Applicable Rating Criteria: Asset Manager Rating
https://docs.vis.com.pk/Methodologies%202024/AMC-Methodology-201906.pdf
VIS Issue/Issuer Rating Scale
https://docs.vis.com.pk/docs/VISRatingScales.pdf