Name | Date | Rating Type | Long Term | Short Term | Outlook/Rating Watch | Action | Sector |
---|---|---|---|---|---|---|---|
DJM Securities Limited
|
20-06-2025 | BFR | BFR3 | --- | Stable | Under Review | Brokerage & Securities Firms |
DJM Securities Limited
|
20-06-2025 | BMR | BMR3+ | --- | Stable | Under Review | Brokerage & Securities Firms |
JK Sugar Mills (Pvt) Limited
|
20-06-2025 | Entity | A- | A2 | Stable | Upgrade | Sugar |
Tech Sirat (Pvt) Limited
|
20-06-2025 | Entity | BBB+ | A2 | Stable | Reaffirmed | Storage and Distribution |
Pak-Qatar Family Takaful Limited
|
20-06-2025 | IFS | A++ (IFS) | --- | Stable | Under Review | Insurance |
LSE Financial Services Limited
|
20-06-2025 | Entity | A | A1 | Rating Watch - Developing | Under Review | NBFCs |
Sherman Securities (Private) Limited
|
19-06-2025 | BMR | BMR2 | --- | Stable | Initial | Brokerage & Securities Firms |
Master Textile Mills Limited
|
19-06-2025 | Entity | A+ | A1 | Stable | Reaffirmed | Textiles |
Amazon Mall (Pvt) Limited
|
19-06-2025 | Entity | A- | A2 | Stable | Initial | Cement & Construction |
United Bank Limited (Formerly Silkbank Limited TFC-1)
|
19-06-2025 | TFC-6 | AAA | --- | Stable | Final | Commercial Banks |
Chase Securities Pakistan (Pvt) Limited
|
18-06-2025 | BFR | BFR3+ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Shahbaz Garments (Pvt) Limited
|
18-06-2025 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Fortune Securities Limited
|
18-06-2025 | BMR | BMR2 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Trust Modaraba
|
18-06-2025 | Entity | BBB+ | A2 | Stable | Reaffirmed | Modarabas |
Alliance Sugar Mills (Pvt) Limited
|
17-06-2025 | Entity | A- | A2 | Stable | Reaffirmed | Sugar |
Insight Securities (Pvt) Ltd
|
16-06-2025 | BMR | BMR2 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Geo Entertainment Television (Pvt) Limited
|
13-06-2025 | TFC | AA- (plim) | --- | Stable | Preliminary | Miscellaneous |
Pakistan Telecommunication Company Limited
|
13-06-2025 | STS-12 | --- | A1+ (plim) | --- | Preliminary | Communication |
Mannan Shahid Forgings Limited
|
13-06-2025 | Entity | A | A2 | Stable | Reaffirmed | Engineering |
Saya Weaving Mills (Pvt) Limited
|
12-06-2025 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Multan Chemicals Limited
|
10-06-2025 | Entity | A- | A1 | Stable | Initial | Medical and Pharmaceutical |
K-Electric Limited
|
05-06-2025 | STS-32 | --- | A1+ (plim) | --- | Preliminary | Power Companies |
Shahtaj Sugar Mills Limited
|
05-06-2025 | Entity | A- | A2 | Stable | Reaffirmed | Sugar |
Premium Textile Mills Limited
|
03-06-2025 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Izhar Construction (Pvt) Limited
|
02-06-2025 | Entity | A | A1 | Stable | Reaffirmed | Cement & Construction |
Rafi Securities (Pvt) Limited
|
02-06-2025 | BFR | BFR3 | --- | Stable | Initial | Brokerage & Securities Firms |
Sitara Chemical Industries Limited
|
02-06-2025 | Entity | A+ | A2 | Stable | Reaffirmed | Chemicals |
Mughal Iron & Steel Industries Limited
|
30-05-2025 | Sukuk 5 | AA- | --- | Stable | Final | Steel & Allied Products |
Topline Securities Limited
|
29-05-2025 | BFR | BFR2 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Topline Securities Limited
|
29-05-2025 | BMR | BMR2++ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
The United Insurance Company of Pakistan Limited
|
27-05-2025 | IFS | AA+ (IFS) | --- | Rating Watch - Developing | Maintained | Insurance |
Staple Foods Private Limited
|
26-05-2025 | Entity | A | A1 | Stable | Reaffirmed | Consumer Goods |
Arif Habib Limited
|
26-05-2025 | Entity | AA- | A1 | Stable | Maintained | Brokerage & Securities Firms |
Rural Community Development Programs
|
26-05-2025 | Entity | BBB+ | A3 | Stable | Reaffirmed | NBFCs |
Syntronics Limited
|
23-05-2025 | Entity | BBB+ | A2 | Stable | Reaffirmed | Paper & Packaging |
DAMEN Support Programme
|
23-05-2025 | Entity | BBB- | A3 | Stable | Reaffirmed | NBFCs |
EMCO Industries Limited
|
23-05-2025 | Entity | A- | A2 | Stable | Reaffirmed | Engineering |
Khalid Shafique Spinning Mills Limited
|
22-05-2025 | Entity | BBB+ | A2 | Stable | Reaffirmed | Textiles |
Century Paper & Board Mills Limited
|
22-05-2025 | Entity | AA- | A1 | Stable | Reaffirmed | Paper & Packaging |
The Crescent Textile Mills Limited
|
21-05-2025 | Entity | A- | A2 | Negative | Reaffirmed | Textiles |
Service Sales Corporation (Pvt) Limited
|
21-05-2025 | Entity | A- | A2 | Stable | Under Review | Miscellaneous |
Burj Clean Energy Modaraba
|
21-05-2025 | STS | --- | A1 (plim) | --- | Preliminary | NBFCs |
Mehboob Steel Pipe Industry
|
21-05-2025 | Entity | BBB | A2 | Stable | Reaffirmed | Steel & Allied Products |
Geo Entertainment Television (Pvt) Limited
|
21-05-2025 | Entity | A | A2 | Stable | Initial | Miscellaneous |
Gatron (Industries) Limited
|
19-05-2025 | Entity | A- | A2 | Stable | Under Review | Textiles |
Yunus Energy Limited
|
19-05-2025 | Entity | A+ | A1 | Stable | Reaffirmed | Power Companies |
Feroze 1888 Mills Limited
|
19-05-2025 | Entity | AA- | A1 | Stable | Reaffirmed | Textiles |
First Credit and Investment Bank Limited
|
16-05-2025 | Entity | A | A1 | Stable | Upgrade | Investment Banks |
Deharki Sugar Mills (Pvt) Limited
|
16-05-2025 | Entity | A | A2 | Stable | Reaffirmed | Sugar |
JDW Sugar Mills Ltd
|
16-05-2025 | Entity | AA- | A1 | Stable | Reaffirmed | Sugar |
Integrated Equities Limited
|
14-05-2025 | BFR | BFR2 | --- | Stable | Upgrade | Brokerage & Securities Firms |
LSE Ventures Limited
|
14-05-2025 | Sukuk 1 | AA- (plim) | --- | Stable | Preliminary | NBFCs |
LSE Ventures Limited
|
14-05-2025 | Entity | A+ | A1 | Stable | Initial | NBFCs |
Alpha Insurance Company Limited
|
14-05-2025 | IFS | A+ (IFS) | --- | Stable | Reaffirmed | Insurance |
K-Electric Limited
|
13-05-2025 | STS-31 | --- | A1+ | --- | Final | Power Companies |
Artistic Energy (Pvt) Ltd
|
12-05-2025 | Entity | A+ | A1 | Positive | Maintained | Power Companies |
Ashraf Sugar Mills Limited
|
12-05-2025 | Entity | A- | A2 | Stable | Reaffirmed | Sugar |
Artistic Wind Power Pvt Ltd
|
12-05-2025 | Entity | A | A2 | Stable | Reaffirmed | Power Companies |
LOLC Microfinance Bank Limited (Formerly: Pak Oman Microfinance Bank Limited)
|
12-05-2025 | Entity | A- | A2 | Stable | Reaffirmed | Micro Finance |
Orient Electronics (Pvt) Limited
|
09-05-2025 | Entity | A- | A2 | Stable | Maintained | Engineering |
Arshad Corporation (Pvt) Ltd
|
09-05-2025 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Transsion Tecno Electronics (Pvt) Limited
|
07-05-2025 | Entity | A- | A2 | Stable | Reaffirmed | Miscellaneous |
Adam Sugar Mills Limited
|
07-05-2025 | Entity | A- | A2 | Stable | Reaffirmed | Sugar |
Suraj Cotton Mills Limited
|
07-05-2025 | Entity | A+ | A1 | Stable | Reaffirmed | Textiles |
International Textile Limited
|
06-05-2025 | Entity | A | A2 | Stable | Reaffirmed | Textiles |
Best Fibres (Pvt) Ltd
|
06-05-2025 | Entity | A- | A2 | Positive | Reaffirmed | Textiles |
Mobilink Microfinance Bank Limited
|
05-05-2025 | Entity | A | A1 | Stable | Reaffirmed | Micro Finance |
NRSP Micro Finance Bank Ltd
|
05-05-2025 | Entity | A- | A2 | Stable | Reaffirmed | Micro Finance |
At-Tahur Limited
|
05-05-2025 | STS-2 | --- | A1 (plim) | --- | Preliminary | Consumer Goods |
MRA Securities Limited
|
02-05-2025 | Entity | A- | A2 | Stable | Reaffirmed | Brokerage & Securities Firms |
Sindh Microfinance Bank Limited
|
30-04-2025 | Entity | A | A1 | Stable | Reaffirmed | Micro Finance |
Halan Microfinance Bank Limited (Formerly: Advans Pakistan Microfinance Bank Ltd)
|
30-04-2025 | Entity | BBB | A3 | Positive | Reaffirmed | Micro Finance |
Pakistan Telecommunication Company Limited
|
30-04-2025 | STS-11 | --- | A1+ | --- | Final | Communication |
Artistic Denim Mills Ltd
|
30-04-2025 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Zephyr Power Limited
|
30-04-2025 | Entity | A+ | A1 | Stable | Reaffirmed | Power Companies |
HBL Microfinance Bank Limited
|
30-04-2025 | Entity | A+ | A1 | Stable | Reaffirmed | Micro Finance |
Muhammad Munir Muhammad Ahmed Khanani Securities Limited
|
29-04-2025 | BMR | BMR2 | --- | Negative | Maintained | Brokerage & Securities Firms |
Ittehad Chemicals Limited
|
29-04-2025 | Entity | A- | A2 | Positive | Maintained | Chemicals |
Sherman Securities (Private) Limited
|
29-04-2025 | BFR | BFR3++ | --- | Stable | Upgrade | Brokerage & Securities Firms |
Burj Clean Energy Modaraba
|
28-04-2025 | Entity | A | A1 | Stable | Initial | NBFCs |
Z.A Corporation (Pvt) Ltd
|
28-04-2025 | Entity | BBB+ | A2 | Stable | Reaffirmed | Textiles |
Kamal Limited
|
25-04-2025 | Entity | A | A1 | Stable | Reaffirmed | Textiles |
Pakistan Mortgage Refinance Company
|
24-04-2025 | Entity | AAA | A1+ | Stable | Reaffirmed | DFIs |
Sitara Chemical Industries Limited
|
24-04-2025 | Sukuk 1 | AA- | --- | Stable | Reaffirmed | Chemicals |
Tower Power (Pvt) Limited
|
24-04-2025 | Entity | A- | A2 | Stable | Reaffirmed | Communication |
CSC Empowerment & Inclusion Programme (MFI)
|
23-04-2025 | Entity | BBB- | A3 | Stable | Reaffirmed | Micro Finance |
Tariq Corporation Limited
|
23-04-2025 | Entity | BBB | A3 | Stable | Reaffirmed | Sugar |
Darson Securities (Pvt) Limited
|
22-04-2025 | BFR | BFR3+ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
RYK Mills Limited
|
22-04-2025 | STS | --- | A1 | --- | Final | Sugar |
Umar Spinning Mills (Pvt) Limited
|
22-04-2025 | Entity | BBB+ | A2 | Stable | Reaffirmed | Textiles |
Two Star Industries (Pvt) Limited
|
21-04-2025 | Entity | BBB+ | A2 | Negative | Maintained | Sugar |
Lucky Knits (Pvt) Limited
|
18-04-2025 | Entity | A- | A1 | Stable | Reaffirmed | Textiles |
Shahkam Industries (Pvt) Ltd
|
18-04-2025 | Entity | A- | A2 | Stable | Initial | Textiles |
Ali Gohar & Company (Pvt) Ltd
|
17-04-2025 | Entity | A | A2 | Stable | Reaffirmed | Storage and Distribution |
Haleeb Foods Limited
|
17-04-2025 | Entity | A | A1 | Stable | Upgrade | Consumer Goods |
Zoom Petroleum (Pvt) Limited
|
17-04-2025 | Entity | BBB- | A3 | Stable | Reaffirmed | Oil & Gas |
Zoom Marketing Oils (Pvt) Limited
|
17-04-2025 | Entity | BBB- | A3 | Positive | Reaffirmed | Oil & Gas |
Biotech Energy (Pvt) Limited
|
16-04-2025 | Entity | A | A1 | Stable | Reaffirmed | Miscellaneous |
Fatima Sugar Mills Limited
|
16-04-2025 | Entity | A- | A2 | Stable | Reaffirmed | Sugar |
Ahmed Oriental Textile Mills Limited
|
15-04-2025 | Entity | A- | A2 | Stable | Maintained | Textiles |
Al-Karam Textile Mills (Pvt) Limited
|
15-04-2025 | Entity | A | A2 | Stable | Reaffirmed | Textiles |
Gohar Textile Mills (Pvt) Ltd
|
15-04-2025 | Entity | A+ | A1 | Stable | Reaffirmed | Textiles |
Image Pakistan Limited
|
15-04-2025 | Entity | A- | A2 | Stable | Initial | Textiles |
FDM Capital Securities (Pvt) Ltd
|
15-04-2025 | BMR | BMR3++ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
FDM Capital Securities (Pvt) Ltd
|
15-04-2025 | BFR | BFR3 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Arshad Textile Mills Limited
|
15-04-2025 | Entity | BBB- | A2 | Stable | Reaffirmed | Textiles |
Faran Sugar Mills Limited
|
11-04-2025 | Entity | A- | A2 | Stable | Reaffirmed | Sugar |
Nadeem Textile Mills Limited
|
11-04-2025 | Entity | BBB+ | A3 | Negative | Downgrade | Textiles |
Foundation Securities (Pvt) Limited
|
10-04-2025 | Entity | A | A2 | Stable | Reaffirmed | Brokerage & Securities Firms |
K-Electric Limited
|
10-04-2025 | STS-30 | --- | A1+ | --- | Final | Power Companies |
Muhammad Munir Muhammad Ahmed Khanani Securities Limited
|
10-04-2025 | Entity | A- | A2 | Stable | Under Review | Brokerage & Securities Firms |
Etihad Sugar Mills Limited
|
09-04-2025 | Entity | A | A2 | Stable | Reaffirmed | Sugar |
Agriauto Stamping Company (Pvt) Limited
|
09-04-2025 | Entity | A- | A2 | Stable | Under Review | Auto & Allied |
Transfopower Industries (Pvt) Limited
|
09-04-2025 | Entity | A- | A2 | Stable | Under Review | Engineering |
Shifa International Hospitals Limited
|
07-04-2025 | Entity | AA- | A1 | Positive | Maintained | Medical and Pharmaceutical |
Asian Food Industries Limited
|
07-04-2025 | Entity | A- | A2 | Stable | Reaffirmed | Consumer Goods |
HBL Total Treasure Exchange Traded Fund
|
28-03-2025 | Fund Stability | AA- (f) | --- | --- | Initial | Fund Ratings |
Towellers Limited
|
28-03-2025 | Entity | A | A1 | Stable | Maintained | Textiles |
Veda Transit Solutions (Pvt.) Limited
|
28-03-2025 | Entity | D | --- | --- | Default | Transport |
FFBL Power Company Ltd
|
27-03-2025 | Entity | AA | A1 | Stable | Upgrade | Power Companies |
Olympia Oils (Pvt) Limited
|
26-03-2025 | Entity | A- | A2 | Stable | Reaffirmed | Consumer Goods |
FINCA Microfinance Bank Limited
|
25-03-2025 | Entity | A- | A2 | Rating Watch - Developing | Note | Micro Finance |
Sinolink REIT Management Company Limited
|
24-03-2025 | Management Quality | AM3 (RMC) | --- | Stable | Initial | Asset Manager Quality |
Novatex Limited
|
20-03-2025 | Entity | AA | A1+ | Stable | Maintained | Paper & Packaging |
Union Apparel (Pvt) Ltd
|
20-03-2025 | Entity | A- | A2 | Rating Watch - Developing | Maintained | Textiles |
Union Fabrics (Pvt) Ltd
|
20-03-2025 | Entity | A- | A2 | Rating Watch - Developing | Maintained | Textiles |
Garibsons (Pvt) Ltd.
|
19-03-2025 | Entity | A | A2 | Stable | Reaffirmed | Consumer Goods |
IMAGE REIT
|
19-03-2025 | REIT Rating | RFR3(hr) | --- | Stable | Initial | REIT Ratings |
Pakistan Reinsurance Company Limited
|
19-03-2025 | IFS | AA+ (IFS) | --- | Stable | Reaffirmed | Insurance |
Zaman Textile Mills (Pvt) Limited
|
12-03-2025 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Pakistan Telecommunication Company Limited
|
11-03-2025 | STS-10 | --- | A1+ | --- | Final | Communication |
Pakistan Telecommunication Company Limited
|
11-03-2025 | STS-9 | --- | A1+ | --- | Final | Communication |
Alpha Capital (Pvt) Limited
|
11-03-2025 | BFR | BFR3 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Pakistan Telecommunication Company Limited
|
11-03-2025 | STS-8 | --- | A1+ | --- | Final | Communication |
Naveena Industries Limited
|
10-03-2025 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
EFU Life Assurance Limited
|
06-03-2025 | IFS | AA++ (IFS) | --- | Stable | Reaffirmed | Insurance |
Shafi Lifestyle (Pvt) Ltd
|
06-03-2025 | Entity | A- | A2 | Stable | Reaffirmed | Tanneries and Leather Products |
Askari General Insurance Company Limited
|
06-03-2025 | IFS | AA+ (IFS) | --- | Stable | Reaffirmed | Insurance |
The Co-operative Insurance Society of Pakistan Limited
|
05-03-2025 | IFS | BB+ (IFS) | --- | Stable | Reaffirmed | Insurance |
Lucky Core Industries Limited (Formerly ICI Pakistan Limited)
|
05-03-2025 | Entity | AA | A1+ | Positive | Maintained | Chemicals |
HBL Money Market Fund
|
03-03-2025 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
HBL Islamic Money Market Fund
|
03-03-2025 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
HBL Islamic Income Fund
|
03-03-2025 | Fund Stability | A+(f) | --- | --- | Reaffirmed | Fund Ratings |
HBL Income Fund
|
03-03-2025 | Fund Stability | A+(f) | --- | --- | Reaffirmed | Fund Ratings |
HBL Government Securities Fund
|
03-03-2025 | Fund Stability | AA- (f) | --- | --- | Reaffirmed | Fund Ratings |
HBL Cash Fund
|
03-03-2025 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
HBL Mehfooz Munafa Fund Plan-III (Under HBL Mehfooz Munafa Fund)
|
03-03-2025 | Fund Stability | AA(f) | --- | --- | Initial | Fund Ratings |
HBL Financial Sector Income Fund Plan-II (Under HBL Financial Sector Income Fund)
|
03-03-2025 | Fund Stability | AA- (f) | --- | --- | Initial | Fund Ratings |
HBL Financial Sector Income Fund Plan-I (Under HBL Financial Sector Income Fund)
|
03-03-2025 | Fund Stability | A+(f) | --- | --- | Initial | Fund Ratings |
Mughal Energy Limited
|
26-02-2025 | Sukuk 1 | A+ (plim) | --- | Stable | Preliminary | Power Companies |
IGI General Insurance Limited
|
26-02-2025 | IFS | AA+ (IFS) | --- | Stable | Reaffirmed | Insurance |
Kausar Ghee Mills (Pvt) Limited
|
25-02-2025 | Entity | A | A1 | Stable | Upgrade | Consumer Goods |
Liberty Daharki Power Limited (Formerly: TNB Liberty Power Limited)
|
24-02-2025 | Entity | A+ | A1 | Stable | Reaffirmed | Power Companies |
Adam Securities Limited
|
21-02-2025 | Entity | A- | A2 | Positive | Reaffirmed | Brokerage & Securities Firms |
EFU General Insurance Limited
|
19-02-2025 | IFS | AA++ (IFS) | --- | Stable | Reaffirmed | Insurance |
Bhimra Textile Mills (Pvt) Limited
|
18-02-2025 | Entity | BBB+ | A2 | Stable | Upgrade | Textiles |
HKB Retail (SMC-Pvt) Limited
|
18-02-2025 | Entity | A- | A3 | Stable | Reaffirmed | Miscellaneous |
Unity Foods Limited
|
13-02-2025 | Entity | A | A2 | Negative | Reaffirmed | Consumer Goods |
Citi Pharma Limited
|
13-02-2025 | STS | --- | A1 | --- | Final | Medical and Pharmaceutical |
Aspin Pharma (Pvt) Limited
|
13-02-2025 | STS | --- | A1 | --- | Final | Medical and Pharmaceutical |
Sazgar Engineering Works Limited
|
12-02-2025 | Entity | A | A1 | Positive | Upgrade | Auto & Allied |
Globe Residency - REIT
|
12-02-2025 | REIT Rating | RFR2(dr) | --- | Stable | Reaffirmed | REIT Ratings |
Next Capital Limited
|
10-02-2025 | BMR | BMR2++ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Dolmen (Pvt) Limited
|
10-02-2025 | Entity | A- | A2 | Stable | Reaffirmed | Cement & Construction |
Jubilee Life Insurance Company Limited
|
10-02-2025 | IFS | AA++ (IFS) | --- | Stable | Reaffirmed | Insurance |
TS Securities (Pvt) Limited
|
10-02-2025 | BFR | BFR3 | --- | Stable | Initial | Broker Management Rating |
Meezan Sovereign Fund
|
06-02-2025 | Fund Stability | AA(f) | --- | --- | Reaffirmed | Fund Ratings |
Millac Food (Pvt) Limited
|
06-02-2025 | Entity | A- | A2 | Stable | Initial | Consumer Goods |
Blessed Textiles Ltd
|
06-02-2025 | Entity | A | A1 | Stable | Reaffirmed | Textiles |
Faisal Spinning Mills Ltd
|
06-02-2025 | Entity | A | A1 | Stable | Reaffirmed | Textiles |
Jubilee General Insurance Company Limited
|
04-02-2025 | IFS | AA++ (IFS) | --- | Stable | Reaffirmed | Insurance |
Maple Leaf Capital Limited
|
04-02-2025 | Entity | A | A1 | Stable | Upgrade | Miscellaneous |
Master Changan Motors Limited
|
31-01-2025 | Entity | A- | A2 | Positive | Maintained | Auto & Allied |
Reliance Insurance Company Limited
|
31-01-2025 | IFS | A+ (IFS) | --- | Stable | Reaffirmed | Insurance |
Bhanero Textile Mills Ltd
|
30-01-2025 | Entity | A+ | A1 | Stable | Reaffirmed | Textiles |
Multiline Securities Limited
|
28-01-2025 | Entity | A- | A2 | Stable | Reaffirmed | Brokerage & Securities Firms |
The Imperial Electric Company (Pvt) Limited
|
27-01-2025 | Entity | A- | A2 | Stable | Maintained | Engineering |
Pak Telecom Mobile Limited
|
27-01-2025 | Entity | AA- | A1 | Stable | Reaffirmed | Communication |
Highnoon Laboratories Ltd
|
24-01-2025 | Entity | A+ | A1 | Positive | Reaffirmed | Medical and Pharmaceutical |
Kot Addu Power Company Limited
|
24-01-2025 | Entity | A+ | A1 | Stable | Maintained | Power Companies |
K-Electric Limited
|
23-01-2025 | Sukuk 6 | AA+ | --- | Stable | Reaffirmed | Power Companies |
K-Electric Limited
|
23-01-2025 | Sukuk 5 | AA+ | --- | Stable | Reaffirmed | Power Companies |
K-Electric Limited
|
23-01-2025 | Entity | AA | A1+ | Stable | Reaffirmed | Power Companies |
NIT Islamic Money Market Fund
|
22-01-2025 | Fund Stability | AAA (f) | --- | --- | Reaffirmed | Fund Ratings |
UBL Insurers Limited
|
21-01-2025 | IFS | AA+ (IFS) | --- | Stable | Reaffirmed | Insurance |
Cyan Limited
|
20-01-2025 | Entity | A | A1 | Stable | Reaffirmed | NBFCs |
BBJ Pipe Industries Limited
|
20-01-2025 | Entity | BBB+ | A2 | Stable | Update | Steel & Allied Products |
Treet Corporation Limited
|
20-01-2025 | Entity | A- | A2 | Stable | Reaffirmed | Consumer Goods |
Sui Northern Gas Pipelines Limited
|
20-01-2025 | Entity | AA+ | A1+ | Stable | Reaffirmed | Oil & Gas |
Dairyland (Pvt) Limited
|
17-01-2025 | Entity | A- | A2 | Positive | Reaffirmed | Consumer Goods |
Associated Technologies (Pvt) Limited
|
17-01-2025 | Entity | A- | A2 | Stable | Reaffirmed | Miscellaneous |
First Paramount Modaraba
|
16-01-2025 | Entity | BBB | A3 | Stable | Reaffirmed | Modarabas |
Pearl Securities Limited
|
16-01-2025 | BFR | BFR3 | --- | Stable | Initial | Brokerage & Securities Firms |
AA Spinning Mills Limited
|
15-01-2025 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Lahore Sialkot Motorway Infrastructure Management (Pvt) Ltd
|
14-01-2025 | Entity | A- | A2 | Stable | Reaffirmed | Cement & Construction |
Shirazi Investments (Pvt) Limited
|
13-01-2025 | Entity | AA | A1+ | Stable | Reaffirmed | Miscellaneous |
Pakistan Telecommunication Company Limited
|
10-01-2025 | Entity | AAA | A1+ | Stable | Reaffirmed | Communication |
Arif Habib Dolmen REIT Management Limited
|
10-01-2025 | Management Quality | AM2 +(RMC) | --- | Stable | Reaffirmed | Asset Manager Quality |
Al Ameen Islamic Sovereign Fund
|
09-01-2025 | Fund Stability | AA(f) | --- | --- | Reaffirmed | Fund Ratings |
Al Ameen Islamic Cash Fund
|
09-01-2025 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
Al Ameen Islamic Aggressive Income Fund
|
09-01-2025 | Fund Stability | A+(f) | --- | --- | Reaffirmed | Fund Ratings |
UBL Growth & Income Fund
|
09-01-2025 | Fund Stability | A+(f) | --- | --- | Reaffirmed | Fund Ratings |
UBL Government Securities Fund
|
09-01-2025 | Fund Stability | AA(f) | --- | --- | Reaffirmed | Fund Ratings |
UBL Fund Managers Limited
|
09-01-2025 | Management Quality | AM1 | --- | Stable | Reaffirmed | Asset Manager Quality |
UBL Income Opportunity Fund
|
09-01-2025 | Fund Stability | AA- (f) | --- | --- | Reaffirmed | Fund Ratings |
UBL Liquidity Plus Fund
|
09-01-2025 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
UBL Money Market Fund
|
09-01-2025 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
Atlas Solar Limited (Formerly: Zhenfa Pakistan New Energy Company Limited)
|
07-01-2025 | Entity | A | A2 | Positive | Maintained | Power Companies |
Matco Foods Limited
|
06-01-2025 | STS | --- | A1 (plim) | --- | Preliminary | Consumer Goods |
Matco Foods Limited
|
06-01-2025 | Entity | BBB+ | A2 | Stable | Reaffirmed | Consumer Goods |
Meezan Rozana Amdani Fund
|
06-01-2025 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
Meezan Islamic Income Fund
|
06-01-2025 | Fund Stability | A+(f) | --- | --- | Reaffirmed | Fund Ratings |
Meezan Daily Income Plan-I
|
06-01-2025 | Fund Stability | AA- (f) | --- | --- | Upgrade | Fund Ratings |
Meezan Cash Fund
|
06-01-2025 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
NIT Social Impact Fund
|
03-01-2025 | Fund Stability | A+(f) | --- | --- | Reaffirmed | Fund Ratings |
Alfalah Asset Management Limited
|
02-01-2025 | Management Quality | AM1 | --- | Stable | Reaffirmed | Asset Manager Quality |
Askari Sovereign Yield Enhancer
|
02-01-2025 | Fund Stability | AA- (f) | --- | --- | Reaffirmed | Fund Ratings |
Askari Cash Fund
|
02-01-2025 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
Lucky Renewables (Pvt) Limited (Formerly: Tricom Wind Power (Pvt) Limited)
|
02-01-2025 | Entity | A | A2 | Stable | Reaffirmed | Power Companies |
National Investment Trust Limited
|
01-01-2025 | Management Quality | AM1 | --- | Stable | Reaffirmed | Asset Manager Quality |
Security General Insurance Company Limited
|
31-12-2024 | IFS | AA+ (IFS) | --- | Stable | Reaffirmed | Insurance |
HBL- Asset Management Limited
|
31-12-2024 | Management Quality | AM1 | --- | Stable | Reaffirmed | Asset Manager Quality |
Al-Meezan Investment Management Limited
|
31-12-2024 | Management Quality | AM1 | --- | Stable | Reaffirmed | Asset Manager Quality |
Century Insurance Company Limited
|
31-12-2024 | IFS | AA (IFS) | --- | Stable | Reaffirmed | Insurance |
Bunny's Limited
|
31-12-2024 | Entity | A- | A2 | Negative | Maintained | Consumer Goods |
Faizan Steel
|
30-12-2024 | Entity | BBB+ | A2 | Stable | Reaffirmed | Steel & Allied Products |
Hi-Tech Lubricants Limited
|
30-12-2024 | Entity | A- | A2 | Stable | Reaffirmed | Oil & Gas |
Asher Imran Spinning Mills (Pvt) Limited
|
30-12-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Faysal Islamic Savings Growth Fund
|
27-12-2024 | Fund Stability | A+(f) | --- | --- | Reaffirmed | Fund Ratings |
Faysal Cash Fund
|
27-12-2024 | Fund Stability | AA+(f) | --- | --- | Reaffirmed | Fund Ratings |
Faysal Islamic Cash Fund
|
27-12-2024 | Fund Stability | AA(f) | --- | --- | Reaffirmed | Fund Ratings |
Shadab Textile Mills Limited
|
27-12-2024 | Entity | A- | A2 | Stable | Maintained | Textiles |
AL Habib Money Market Fund
|
27-12-2024 | Fund Stability | AAA (f) | --- | --- | Upgrade | Fund Ratings |
AL Habib Cash Fund (formerly First Habib Cash Fund)
|
27-12-2024 | Fund Stability | AAA (f) | --- | --- | Upgrade | Fund Ratings |
Sunridge Foods (Private) Limited
|
26-12-2024 | Sukuk 1 | AAA (plim) | --- | Stable | Preliminary | Consumer Goods |
Chubb Insurance Pakistan Limited
|
26-12-2024 | IFS | AA+ (IFS) | --- | Stable | Reaffirmed | Insurance |
JK Dairies (Pvt) Limited
|
24-12-2024 | Entity | BBB+ | A2 | Stable | Reaffirmed | Consumer Goods |
Pak-Gulf Leasing Company Limited
|
24-12-2024 | Entity | A- | A2 | Stable | Reaffirmed | Leasing |
Power Cement Ltd
|
23-12-2024 | Entity | A- | A2 | Stable | Reaffirmed | Cement & Construction |
Aisha Steel Mills Limited
|
23-12-2024 | Entity | BBB+ | A2 | Stable | Reaffirmed | Steel & Allied Products |
Sadaqat Limited
|
19-12-2024 | TFC | A | --- | Stable | Reaffirmed | Textiles |
Sadaqat Limited
|
19-12-2024 | Entity | A | A2 | Stable | Reaffirmed | Textiles |
Servo Motor Oil (Pvt) Limited
|
19-12-2024 | Entity | BBB | A2 | Stable | Reaffirmed | Oil & Gas |
GoldFin Limited
|
19-12-2024 | Entity | A- | A2 | Stable | Initial | NBFCs |
AKIK Capital (Pvt) Ltd
|
19-12-2024 | BMR | BMR3 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Thal Limited
|
18-12-2024 | Entity | AA | A1+ | Stable | Reaffirmed | Auto & Allied |
Crescent Steel & Allied Products Limited
|
17-12-2024 | Sukuk 1 | A- | --- | Stable | Reaffirmed | Steel & Allied Products |
Crescent Steel & Allied Products Limited
|
17-12-2024 | Entity | A- | A2 | Stable | Reaffirmed | Steel & Allied Products |
Citi Pharma Limited
|
16-12-2024 | Entity | A | A1 | Stable | Initial | Medical and Pharmaceutical |
Pakistan Kuwait Investment Company (Pvt) Limited
|
13-12-2024 | CGR | CGR 9+ | --- | --- | Reaffirmed | DFIs |
Thal Power (Pvt) Limited
|
12-12-2024 | Entity | AA | A1+ | Stable | Reaffirmed | Power Companies |
Pakistan State Oil Company Limited
|
12-12-2024 | Entity | AA+ | A1+ | Stable | Reaffirmed | Oil & Gas |
Zephyr Textiles Limited
|
11-12-2024 | Entity | BBB+ | A2 | Stable | Maintained | Textiles |
H.A Fibres (Pvt) Limited
|
10-12-2024 | Entity | A | A2 | Stable | Upgrade | Textiles |
Gadoon Textile Mills Limited
|
09-12-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Textiles |
International Packaging Films Ltd
|
09-12-2024 | Entity | A | A1 | Stable | Reaffirmed | Paper & Packaging |
Akram Cotton Mills Limited
|
06-12-2024 | Entity | BBB | A2 | Stable | Reaffirmed | Textiles |
National Power Parks Management Company (Pvt) Limited
|
06-12-2024 | Entity | AA+ | A1+ | Stable | Maintained | Power Companies |
Shields REIT Management Company Limited
|
05-12-2024 | Management Quality | AM4 +(RMC) | --- | Stable | Reaffirmed | Asset Manager Quality |
Swat Expressway Planning Construction and Operations (Pvt) Limited
|
05-12-2024 | Entity | A- | A2 | Stable | Reaffirmed | Cement & Construction |
Oil & Gas Development Company Limited
|
04-12-2024 | Entity | AAA | A1+ | Stable | Reaffirmed | Oil & Gas |
Sohail Textile Mills Limited
|
02-12-2024 | Entity | BBB- | A2 | Stable | Reaffirmed | Textiles |
Lucky Textile Mills Limited
|
02-12-2024 | Entity | AA- | A1+ | Stable | Upgrade | Textiles |
Dolmen City REIT
|
02-12-2024 | REIT Rating | AAA (rr) | --- | Stable | Reaffirmed | REIT Ratings |
Next Capital Limited
|
28-11-2024 | Entity | A- | A2 | Stable | Reaffirmed | Brokerage & Securities Firms |
Pakistan Currency Exchange Company (Private) Limited
|
28-11-2024 | Entity | A- | A2 | Stable | Reaffirmed | Exchange Companies |
Agriauto Industries Limited
|
26-11-2024 | Entity | A- | A1 | Stable | Reaffirmed | Auto & Allied |
Nishat Chunian Power Limited
|
25-11-2024 | Entity | A+ | A2 | Stable | Reaffirmed | Power Companies |
Topline Securities Limited
|
25-11-2024 | Entity | A | A1 | Stable | Reaffirmed | Brokerage & Securities Firms |
CBM Plastics (Pvt) Limited
|
22-11-2024 | Entity | BBB+ | A2 | Positive | Maintained | Paper & Packaging |
Oil Industries Pakistan Limited
|
21-11-2024 | Entity | A- | A2 | Stable | Reaffirmed | Oil & Gas |
Fast Cables Limited
|
21-11-2024 | Entity | A | A2 | Stable | Upgrade | Engineering |
Malir Expressway Limited
|
20-11-2024 | Entity | A- | A2 | Stable | Reaffirmed | Cement & Construction |
Pakistan Cables Limited
|
20-11-2024 | Entity | A | A1 | Negative | Reaffirmed | Engineering |
Sachal Engineering Works (Pvt) Limited
|
18-11-2024 | Entity | A- | A2 | Stable | Reaffirmed | Cement & Construction |
Mughal Iron & Steel Industries Limited
|
18-11-2024 | Sukuk 1 | A+ | --- | Stable | Reaffirmed | Steel & Allied Products |
Mughal Iron & Steel Industries Limited
|
18-11-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Steel & Allied Products |
Indus Motor Company Ltd
|
15-11-2024 | Entity | AA+ | A1+ | Stable | Reaffirmed | Auto & Allied |
Golden Harvest Foods (Pvt) Limited
|
14-11-2024 | Entity | BBB+ | A2 | Stable | Reaffirmed | Consumer Goods |
Noventa Pharma (Private) Limited
|
13-11-2024 | Entity | A | A2 | Stable | Initial | Medical and Pharmaceutical |
Shahtaj Textile Limited
|
13-11-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Sindh Modaraba
|
13-11-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Modarabas |
Primus Leasing Limited
|
12-11-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Leasing |
Ranipur Sugar Mills (Pvt) Limited
|
12-11-2024 | Entity | A- | A2 | Stable | Initial | Sugar |
Allied Bank Limited - CGR
|
11-11-2024 | CGR | CGR 9++ | --- | --- | Reaffirmed | Commercial Banks |
Lucky Cement Limited
|
08-11-2024 | Entity | AA+ | A1+ | Stable | Reaffirmed | Cement & Construction |
BMA Capital Management Limited
|
08-11-2024 | BFR | BFR2 | --- | Stable | Upgrade | Brokerage & Securities Firms |
Kohinoor Mills Limited
|
08-11-2024 | Entity | BBB+ | A2 | Stable | Maintained | Textiles |
Gujranwala Electric Power Company
|
07-11-2024 | Entity | AA- | A1 | Stable | Initial | Power Companies |
Metco Textile (Pvt) Limited
|
06-11-2024 | Entity | A- | A2 | Stable | Maintained | Textiles |
OBS Pakistan (Pvt) Limited
|
05-11-2024 | Sukuk 2 | A+ | --- | Stable | Reaffirmed | Medical and Pharmaceutical |
OBS Pakistan (Pvt) Limited
|
05-11-2024 | Sukuk 1 | A+ | --- | Stable | Reaffirmed | Medical and Pharmaceutical |
OBS Pakistan (Pvt) Limited
|
05-11-2024 | Entity | A | A2 | Stable | Reaffirmed | Medical and Pharmaceutical |
Aspin Pharma (Pvt) Limited
|
04-11-2024 | Entity | A | A1 | Stable | Reaffirmed | Medical and Pharmaceutical |
Optimus Limited
|
04-11-2024 | Entity | BBB+ | A2 | Stable | Reaffirmed | Miscellaneous |
Next Capital Limited
|
31-10-2024 | BFR | BFR2 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Devsinc (Pvt) Limited
|
31-10-2024 | Entity | BBB+ | A2 | Stable | Initial | Miscellaneous |
OBS AGP (Pvt) Limited
|
31-10-2024 | Sukuk 1 | A+ | --- | Stable | Reaffirmed | Medical and Pharmaceutical |
OBS AGP (Pvt) Limited
|
31-10-2024 | Entity | A | A1 | Stable | Reaffirmed | Medical and Pharmaceutical |
International Steels Limited
|
29-10-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Steel & Allied Products |
Faysal Government Securities Fund
|
28-10-2024 | Fund Stability | AA(f) | --- | --- | Reaffirmed | Fund Ratings |
Bismillah Textiles Limited
|
28-10-2024 | Entity | A- | A2 | Stable | Upgrade | Textiles |
Indus Dyeing & Manufacturing Co Limited
|
25-10-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Textiles |
Sunrays Textile Mills Limited
|
25-10-2024 | Entity | A- | A1 | Stable | Reaffirmed | Textiles |
Indus Lyallpur Limited
|
25-10-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Kohinoor Textile Mills Limited
|
23-10-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Textiles |
International Industries Limited
|
22-10-2024 | Entity | AA- | A1 | Stable | Reaffirmed | Steel & Allied Products |
Engro Enfrashare (Pvt) Ltd
|
21-10-2024 | Entity | A- | A2 | Stable | Reaffirmed | Communication |
Foundation Securities (Pvt) Limited
|
17-10-2024 | BFR | BFR3++ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Indus Sugar Mills Limited
|
16-10-2024 | Entity | A- | A1 | Stable | Reaffirmed | Sugar |
Maple Leaf Cement Factory Ltd
|
11-10-2024 | Entity | A | A1 | Stable | Reaffirmed | Cement & Construction |
NASDA Green Energy Limited
|
10-10-2024 | Entity | A- | A2 | Stable | Reaffirmed | Power Companies |
Javedan Corporation Ltd.
|
09-10-2024 | Sukuk 1 | AA- | --- | Stable | Reaffirmed | Cement & Construction |
Javedan Corporation Ltd.
|
09-10-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Cement & Construction |
Growth Securities (Pvt) Limited
|
07-10-2024 | Entity | A- | A2 | Stable | Maintained | Brokerage & Securities Firms |
Sapphire Textile Mills Limited
|
07-10-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Textiles |
Taurus Securities Limited
|
04-10-2024 | Entity | A | A2 | Stable | Maintained | Brokerage & Securities Firms |
Al-Ghazi Tractors Ltd.
|
03-10-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Auto & Allied |
Punjab Thermal Power (Pvt) Limited
|
02-10-2024 | Entity | AA | A1 | Stable | Reaffirmed | Power Companies |
Gharo Solar Ltd
|
26-09-2024 | Entity | A+ | A1 | Stable | Upgrade | Power Companies |
Quaid-e-Azam Thermal Power (Pvt) Limited
|
23-09-2024 | Entity | AA+ | A1+ | Stable | Upgrade | Power Companies |
Maple Leaf Power Limited
|
23-09-2024 | Entity | A | A1 | Stable | Initial | Power Companies |
OBS Pharma (Pvt) Limited
|
23-09-2024 | BLR | A+ (blr) | --- | Stable | Reaffirmed | Medical and Pharmaceutical |
OBS Pharma (Pvt) Limited
|
23-09-2024 | Entity | A | A1 | Stable | Reaffirmed | Medical and Pharmaceutical |
Insight Securities (Pvt) Ltd
|
20-09-2024 | Entity | BBB+ | A2 | Stable | Reaffirmed | Brokerage & Securities Firms |
RYK Mills Limited
|
19-09-2024 | Entity | A | A2 | Positive | Reaffirmed | Sugar |
Tauseef Enterprises (Pvt) Limited
|
18-09-2024 | Entity | A- | A2 | Stable | Initial | Textiles |
The Thal Industries Corporation Limited
|
16-09-2024 | Entity | A | A2 | Positive | Reaffirmed | Sugar |
Almoiz Industries Ltd
|
13-09-2024 | Entity | A | A2 | Stable | Reaffirmed | Sugar |
Ana & Batla Industries (Pvt) Ltd
|
12-09-2024 | Entity | BBB | A2 | Stable | Reaffirmed | Miscellaneous |
Thatta Cement Company Ltd
|
12-09-2024 | Entity | A | A2 | Stable | Upgrade | Cement & Construction |
Agro Processors and Atmospheric Gases Limited
|
11-09-2024 | Entity | BBB+ | A2 | Stable | Upgrade | Consumer Goods |
Taleem Finance Company Limited
|
11-09-2024 | Entity | BBB | A2 | Stable | Initial | NBFCs |
Pak Oman Investment Company Limited
|
11-09-2024 | CGR | CGR 9+ | --- | --- | Upgrade | DFIs |
Premier Sales (Pvt) Limited
|
11-09-2024 | Entity | A | A1 | Stable | Reaffirmed | Storage and Distribution |
Sunridge Foods (Private) Limited
|
10-09-2024 | Entity | BBB+ | A3 | Stable | Initial | Consumer Goods |
Utopia Industries (Pvt) Limited
|
10-09-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
PGP Consortium Limited
|
10-09-2024 | Sukuk 1 | AA- (plim) | --- | Stable | Preliminary | Oil & Gas |
PGP Consortium Limited
|
10-09-2024 | Pref Share | BBB+ | --- | Stable | Upgrade | Oil & Gas |
PGP Consortium Limited
|
10-09-2024 | Entity | A | A2 | Stable | Upgrade | Oil & Gas |
Al Karam Towel Industries (Pvt) Ltd
|
10-09-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Indus Wind Energy Limited
|
10-09-2024 | Entity | A | A2 | Stable | Reaffirmed | Power Companies |
Faysal Asset Management Limited
|
10-09-2024 | Management Quality | AM1 | --- | Stable | Upgrade | Asset Manager Quality |
Muller & Phipps Pakistan (Pvt) Limited
|
09-09-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Storage and Distribution |
Soorty Enterprises (Pvt) Limited
|
06-09-2024 | Entity | AA- | A1 | Stable | Reaffirmed | Textiles |
Investment Managers Securities Private Limited
|
06-09-2024 | BMR | BMR3 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Chashma Sugar Mills Ltd
|
06-09-2024 | Entity | A- | A2 | Stable | Reaffirmed | Sugar |
Comfort Knitwears (Pvt) Ltd
|
05-09-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Engro Powergen Qadirpur Limited
|
04-09-2024 | Entity | AA- | A1 | Stable | Maintained | Power Companies |
Fatima Fertilizer Company Limited
|
03-09-2024 | Entity | AA+ | A1+ | Stable | Reaffirmed | Fertilizer |
Rajby Textiles (Pvt) Limited
|
03-09-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Archroma Pakistan Ltd
|
03-09-2024 | Entity | AA | A1 | Negative | Maintained | Chemicals |
Darson Securities (Pvt) Limited
|
30-08-2024 | Entity | BBB+ | A2 | Stable | Reaffirmed | Brokerage & Securities Firms |
Al-Karam Textile Mills (Pvt) Limited
|
27-08-2024 | Sukuk 1 | A | --- | Stable | Final | Textiles |
Shahmurad Sugar Mills Ltd
|
26-08-2024 | Entity | A | A2 | Positive | Maintained | Sugar |
Al-Noor Sugar Mills Ltd.
|
26-08-2024 | Entity | A- | A2 | Stable | Maintained | Sugar |
Gamalux Oleochemicals Limited
|
26-08-2024 | Entity | A- | A2 | Stable | Reaffirmed | Chemicals |
Growth Securities (Pvt) Limited
|
23-08-2024 | BFR | BFR3+ | --- | Stable | Initial | Brokerage & Securities Firms |
Faysal Islamic Financial Growth Plan-I (Under Faysal Islamic Financial Growth Fund)
|
23-08-2024 | Fund Stability | A+(f) | --- | --- | Initial | Fund Ratings |
Integrated Equities Limited
|
21-08-2024 | Entity | A- | A2 | Stable | Initial | Brokerage & Securities Firms |
Rizwan Enterprises
|
21-08-2024 | Entity | A- | A1 | Stable | Reaffirmed | Textiles |
Taj Gasoline (Pvt.) Limited
|
20-08-2024 | Entity | A | A2 | Stable | Upgrade | Oil & Gas |
Faysal Islamic Sovereign Fund Plan-II (Under Faysal Islamic Sovereign Fund)
|
20-08-2024 | Fund Stability | AA(f) | --- | --- | Initial | Fund Ratings |
AJ Power (Pvt) Ltd
|
19-08-2024 | Entity | A+ | A2 | Stable | Upgrade | Power Companies |
AKIK Capital (Pvt) Ltd
|
16-08-2024 | BFR | BFR3 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Faisalabad Oil Refinery (Pvt) Limited
|
16-08-2024 | Entity | A- | A2 | Stable | Reaffirmed | Consumer Goods |
Neelum Jhelum Hydropower Company (Pvt) Ltd
|
16-08-2024 | Sukuk 1 | AAA | --- | Stable | Note | Power Companies |
Madina Sugar Mills Limited
|
13-08-2024 | Entity | A- | A2 | Stable | Reaffirmed | Sugar |
Trukkr Financial Services Limited
|
12-08-2024 | Entity | A- | A2 | Stable | Initial | NBFCs |
Indus Home Limited
|
08-08-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
J.K Spinning Mills Limited
|
08-08-2024 | Entity | A- | A1 | Stable | Reaffirmed | Textiles |
Avari Hotels (Pvt) Limited
|
08-08-2024 | BLR | AA (blr) | --- | Stable | Reaffirmed | Miscellaneous |
Floret Commodities (Pvt) Limited
|
05-08-2024 | BFR | BFR3 | --- | Stable | Initial | Brokerage & Securities Firms |
Sheikhoo Sugar Mills Limited
|
05-08-2024 | Entity | A- | A2 | Stable | Reaffirmed | Sugar |
Everfresh Farms (Pvt) Limited
|
02-08-2024 | Entity | A- | A2 | Stable | Upgrade | Consumer Goods |
Macter International Limited
|
02-08-2024 | Entity | A | A1 | Stable | Upgrade | Medical and Pharmaceutical |
Ghotki Kandhkot Road & Bridge Co. (Pvt) Limited
|
31-07-2024 | BLR | AA (blr, plim) | --- | Stable | Preliminary | Cement & Construction |
Ghotki Kandhkot Road & Bridge Co. (Pvt) Limited
|
31-07-2024 | Entity | A | A2 | Stable | Reaffirmed | Cement & Construction |
K.S.F Tri Zone Industries (Pvt) Ltd
|
30-07-2024 | Entity | BBB+ | A2 | Stable | Reaffirmed | Paper & Packaging |
Madina Private Limited
|
30-07-2024 | Entity | BBB | A2 | Stable | Reaffirmed | Consumer Goods |
Akhtar Textile Industries (Pvt) Ltd
|
30-07-2024 | Entity | A | A2 | Stable | Reaffirmed | Textiles |
Frontier Foundry Steel Limited
|
24-07-2024 | Entity | A | A1 | Stable | Reaffirmed | Steel & Allied Products |
Sheikhupura Textile Mills Limited
|
24-07-2024 | Entity | BBB | A2 | Positive | Maintained | Textiles |
Indigo Textile (Pvt) Limited
|
19-07-2024 | Entity | A | A1 | Stable | Reaffirmed | Textiles |
Interloop Limited
|
18-07-2024 | Entity | AA- | A1 | Stable | Upgrade | Textiles |
Rajby Industries
|
15-07-2024 | Entity | A- | A2 | Positive | Maintained | Textiles |
MicroTech Industries (Pvt) Limited
|
12-07-2024 | Entity | A- | A2 | Stable | Initial | Miscellaneous |
Faysal Islamic Sovereign Fund Plan-I (Under Faysal Islamic Sovereign Fund)
|
10-07-2024 | Fund Stability | AA(f) | --- | --- | Initial | Fund Ratings |
The Searle Company Limited
|
10-07-2024 | Entity | AA- | A1 | Stable | Maintained | Medical and Pharmaceutical |
Naveena Steels Mills (Pvt) Limited
|
09-07-2024 | Entity | A- | A2 | Negative | Maintained | Steel & Allied Products |
Multiline Securities Limited
|
09-07-2024 | BFR | BFR3+ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Nishat (Chunian) Limited
|
05-07-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Kamal Textile Mills (Pvt) Ltd
|
03-07-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Shakarganj Food Products Limited
|
03-07-2024 | Entity | BBB- | A3 | Stable | Maintained | Consumer Goods |
Shakarganj Food Products Limited
|
03-07-2024 | Sukuk 1 | BBB- | --- | Stable | Downgrade | Consumer Goods |
The Organic Meat Company Limited
|
02-07-2024 | Entity | A | A1 | Stable | Upgrade | Consumer Goods |
Dynamic Sportswear (Pvt) Limited
|
01-07-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Al Baraka Bank (Pakistan) Limited
|
30-06-2024 | Sukuk 2 | A | --- | Positive | Maintained | Commercial Banks |
Al Baraka Bank (Pakistan) Limited
|
30-06-2024 | Entity | A+ | A1 | Positive | Maintained | Commercial Banks |
The Bank of Khyber
|
28-06-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Commercial Banks |
Sindh Bank Ltd
|
28-06-2024 | Entity | AA- | A1+ | Stable | Upgrade | Commercial Banks |
Faysal Bank Limited
|
28-06-2024 | Entity | AA | A1+ | Positive | Maintained | Commercial Banks |
Summit Capital (Pvt) Limited
|
28-06-2024 | BFR | BFR3 | --- | Stable | Initial | Brokerage & Securities Firms |
Meezan Bank Limited
|
28-06-2024 | Sukuk 4 | AAA | --- | Stable | Reaffirmed | Commercial Banks |
Meezan Bank Limited
|
28-06-2024 | Sukuk 3 | AAA | --- | Stable | Reaffirmed | Commercial Banks |
Meezan Bank Limited
|
28-06-2024 | Sukuk 2 | AA+ | --- | Stable | Reaffirmed | Commercial Banks |
Meezan Bank Limited
|
28-06-2024 | Entity | AAA | A1+ | Stable | Reaffirmed | Commercial Banks |
Taurus Securities Limited
|
28-06-2024 | BMR | BMR2+ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Taurus Securities Limited
|
28-06-2024 | BFR | BFR3+ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Pak China Investment Company Limited
|
28-06-2024 | Entity | AAA | A1+ | Stable | Reaffirmed | DFIs |
Habib Bank Limited
|
28-06-2024 | TFC-3 | AA+ | --- | Stable | Reaffirmed | Commercial Banks |
Habib Bank Limited
|
28-06-2024 | TFC-2 | AA+ | --- | Stable | Reaffirmed | Commercial Banks |
Habib Bank Limited
|
28-06-2024 | Entity | AAA | A1+ | Stable | Reaffirmed | Commercial Banks |
Pak Brunei Investment Company Limited
|
28-06-2024 | Entity | AA+ | A1+ | Stable | Reaffirmed | DFIs |
Saudi Pak Industrial and Agricultural Investment Company Limited
|
28-06-2024 | Entity | AA+ | A1+ | Stable | Reaffirmed | DFIs |
Pak Oman Investment Company Limited
|
28-06-2024 | Entity | AA+ | A1+ | Stable | Reaffirmed | DFIs |
Dubai Islamic Bank Pakistan Ltd
|
27-06-2024 | Sukuk 3 | AA- | --- | Stable | Reaffirmed | Commercial Banks |
Dubai Islamic Bank Pakistan Ltd
|
27-06-2024 | Sukuk 2 | A+ | --- | Stable | Reaffirmed | Commercial Banks |
Dubai Islamic Bank Pakistan Ltd
|
27-06-2024 | Entity | AA | A1+ | Stable | Reaffirmed | Commercial Banks |
Zarai Taraqiati Bank Limited
|
27-06-2024 | Entity | AAA | A1+ | Stable | Reaffirmed | DFIs |
United Bank Limited
|
26-06-2024 | TFC-5 | AA+ | --- | Stable | Reaffirmed | Commercial Banks |
United Bank Limited
|
26-06-2024 | Entity | AAA | A1+ | Stable | Reaffirmed | Commercial Banks |
National Bank of Pakistan
|
26-06-2024 | Entity | AAA | A1+ | Stable | Reaffirmed | Commercial Banks |
Power Chemical Industries Limited
|
24-06-2024 | Entity | A- | A2 | Stable | Reaffirmed | Chemicals |
Crescent Bahuman Limited
|
24-06-2024 | Entity | A- | A2 | Positive | Maintained | Textiles |
AKD Securities Limited
|
21-06-2024 | Entity | AA- | A1 | Stable | Reaffirmed | Brokerage & Securities Firms |
Adam Securities Limited
|
20-06-2024 | BFR | BFR2 | --- | Stable | Upgrade | Brokerage & Securities Firms |
M.K Sons (Pvt) Ltd
|
14-06-2024 | Entity | A- | A2 | Stable | Reaffirmed | Textiles |
Magnus Investments Limited
|
14-06-2024 | Management Quality | AM2++(IA) | --- | Stable | Reaffirmed | Asset Manager Quality |
AGI Denim
|
11-06-2024 | Entity | A+ | A1 | Stable | Upgrade | Textiles |
Karachi Grain (Pvt) Limited
|
11-06-2024 | Entity | BBB+ | A2 | Stable | Reaffirmed | Consumer Goods |
At-Tahur Limited
|
10-06-2024 | Entity | A- | A2 | Stable | Maintained | Consumer Goods |
U Microfinance Bank Limited
|
10-06-2024 | TFC-2 | A- | --- | Stable | Reaffirmed | Micro Finance |
U Microfinance Bank Limited
|
10-06-2024 | Entity | A+ | A1 | Stable | Reaffirmed | Micro Finance |
DWP Technologies (Pvt) Limited
|
07-06-2024 | Entity | A- | A2 | Stable | Reaffirmed | Engineering |
Digital World Pakistan (Pvt) Limited
|
07-06-2024 | Entity | A- | A2 | Stable | Maintained | Engineering |
Enertech Water (Pvt) Limited
|
06-06-2024 | Entity | AA | A1 | Stable | Initial | Cement & Construction |
SOS Capital Limited
|
04-06-2024 | BFR | BFR3 (plim) | --- | Stable | Preliminary | Brokerage & Securities Firms |
House Building Finance Company Limited
|
04-06-2024 | Entity | AAA | A1+ | Stable | Upgrade | DFIs |
Naveena Exports Limited
|
04-06-2024 | Entity | A | A1 | Stable | Reaffirmed | Textiles |
Khushhali Microfinance Bank Limited
|
30-05-2024 | Entity | A- | A2 | Rating Watch - Negative | Reaffirmed | Micro Finance |
Khushhali Microfinance Bank Limited
|
30-05-2024 | TFC-2 | B | --- | Negative | Maintained | Micro Finance |
Khushhali Microfinance Bank Limited
|
30-05-2024 | TFC-1 | B | --- | Negative | Maintained | Micro Finance |
Procon Engineering (Pvt) Limited
|
22-05-2024 | Entity | A | A2 | Stable | Maintained | Auto & Allied |
Standard Capital Securities (Private) Limited
|
22-05-2024 | BMR | BMR2 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Standard Capital Securities (Private) Limited
|
22-05-2024 | BFR | BFR3 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
AKD Securities Limited
|
20-05-2024 | BMR | BMR1 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
Muhammad Munir Muhammad Ahmed Khanani Securities Limited
|
16-05-2024 | BFR | BFR2 | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
AKD Securities Limited
|
15-05-2024 | BFR | BFR2++ | --- | Stable | Reaffirmed | Brokerage & Securities Firms |
MRA Securities Limited
|
13-05-2024 | BFR | BFR3++ | --- | Stable | Upgrade | Brokerage & Securities Firms |
Ittefaq Agro Industries (Pvt) Limited
|
02-05-2024 | Entity | A- | A2 | Stable | Initial | Consumer Goods |
Madina Oil Refinery Limited
|
09-04-2024 | Entity | BBB | A2 | Stable | Upgrade | Consumer Goods |
Pak-Qatar General Takaful Limited
|
13-03-2024 | IFS | A (IFS) | --- | Stable | Reaffirmed | Insurance |
BMA Capital Management Limited
|
01-02-2024 | Entity | A- | A2 | Stable | Reaffirmed | Brokerage & Securities Firms |
BMA Capital Management Limited
|
01-02-2024 | BMR | BMR2++ | --- | Stable | Upgrade | Brokerage & Securities Firms |
Bank Makramah Limited (Formerly:Summit Bank Limited)
|
27-06-2023 | TFC-1 | B | --- | Rating Watch - Negative | Harmonised | Commercial Banks |
Bank Makramah Limited (Formerly:Summit Bank Limited)
|
07-06-2023 | Entity | --- | --- | --- | Note | Commercial Banks |
Bhimra Textile Mills (Pvt) Limited
|
31-12-2021 | Entity | BBB | A2 | Stable | Initial | Textiles |