Ratings
Name Date Rating Type Long Term Short Term Outlook/
Rating Watch		 Action Sector
Al-Meezan Investment Management Limited
22-01-2026 Management Quality AM1 --- Stable Reaffirmed Asset Management Companies
Alfalah Asset Management Limited
26-01-2026 Management Quality AM1 --- Stable Reaffirmed Asset Management Companies
Arif Habib Dolmen REIT Management Limited
12-01-2026 Management Quality AM2 +(RMC) --- Stable Under Review Asset Management Companies
EFU Life Assurance Limited
31-12-2025 Management Quality AM1(p) --- Stable Initial Life Insurance
Faysal Asset Management Limited
31-12-2025 Management Quality AM1 --- Stable Reaffirmed Asset Management Companies
HBL- Asset Management Limited
31-12-2025 Management Quality AM1 --- Stable Reaffirmed Asset Management Companies
Magnus Investments Limited
24-06-2025 Management Quality AM1 (IA) --- Stable Upgrade Asset Management Companies
National Investment Trust Limited
07-01-2026 Management Quality AM1 --- Stable Reaffirmed Asset Management Companies
Pak-Qatar Asset Management Limited
01-01-2026 Management Quality AM2+ --- Stable Initial Asset Management Companies
Shields REIT Management Company Limited
08-12-2025 Management Quality AM4 (RMC) --- Stable Under Review Asset Management Companies
Sinolink REIT Management Company Limited
24-03-2025 Management Quality AM3 (RMC) --- Stable Initial Asset Management Companies
UBL Fund Managers Limited
30-12-2025 Management Quality AM1 --- Stable Reaffirmed Asset Management Companies