Ratings
Name Date Rating Type Long Term Short Term Outlook/Rating Watch Action Sector
HBL Mehfooz Munafa Fund Plan-I (Under HBL Mehfooz Munafa Fund) 04/29/2025 Fund Stability Matured Fund Ratings
Al-Karam Textile Mills (Pvt) Limited 04/16/2025 STS Matured Textiles
Pakistan Telecommunication Company Limited 03/20/2025 STS-7 Matured Communication
Silk Bank Limited 03/19/2025 Entity Withdrawn Commercial Banks
Masood Textile Mills Limited 03/03/2025 Sukuk 1 Matured Textiles
Pakistan Telecommunication Company Limited 02/20/2025 STS-6 Matured Communication
K-Electric Limited 02/06/2025 STS-27 Matured Power Companies
K-Electric Limited 01/30/2025 STS-25 Matured Power Companies
K-Electric Limited 01/30/2025 STS-26 Matured Power Companies
CDC Share Registrar Services Limited 01/28/2025 Entity Withdrawn NBFCs
Rousch (Pakistan) Power Limited 01/22/2025 Entity Withdrawn Power Companies
Lakeside Energy Limited 01/20/2025 Entity Withdrawn Power Companies
Cotton Web Limited 01/14/2025 Entity Withdrawn Textiles
Pakistan Telecommunication Company Limited 01/10/2025 STS-5 Matured Communication
Chakwal Textile Mills Limited 01/08/2025 Entity Withdrawn Textiles
Lahore Grammer School (Pvt) Ltd 01/06/2025 Entity Withdrawn Miscellaneous
Fauji Fertilizer Bin Qasim Limited 01/05/2025 Entity Withdrawn Fertilizer
Intermarket Securities Limited 01/02/2025 Entity Withdrawn Brokerage & Securities Firms
Intermarket Securities Limited 01/02/2025 BMR Withdrawn Brokerage & Securities Firms
Intermarket Securities Limited 01/02/2025 BFR Withdrawn Brokerage & Securities Firms
Pakistan Telecommunication Company Limited 12/19/2024 STS-4 Matured Communication
Pakistan Telecommunication Company Limited 12/10/2024 STS-3 Matured Communication
JDW Sugar Mills Ltd 10/02/2024 STS-2 Matured Sugar
Masood Textile Mills Limited 09/24/2024 Entity Withdrawn Textiles
Al Baraka Bank (Pakistan) Limited 09/10/2024 Sukuk 1 Matured Commercial Banks
OBS Pharma (Pvt) Limited 09/04/2024 STS Matured Medical and Pharmaceutical
Allied Rental Modaraba 07/24/2024 Entity Withdrawn Modarabas
Pakistan Telecommunication Company Limited 07/24/2024 STS-2 Matured Communication
JDW Sugar Mills Ltd 07/22/2024 STS Matured Sugar
Ejaz Spinning Mills Limited 07/19/2024 Entity Withdrawn Textiles
U Microfinance Bank Limited 07/11/2024 TFC-1 Matured Micro Finance
Mehran Plastic Industries (Pvt) Limited 07/05/2024 Entity Withdrawn Paper & Packaging
EFU Health Insurance Limited (formerly Allianz EFU Health Insurance Limited) 07/03/2024 IFS Withdrawn Insurance
Pakistan Telecommunication Company Limited 06/27/2024 STS A1+ Matured Communication
Samba Bank Limited 06/25/2024 Entity Withdrawn Commercial Banks
Sunrise Plastic Industries (Pvt) Limited 06/05/2024 Entity Withdrawn Paper & Packaging
Blow Plast (Pvt) Limited 06/05/2024 Entity Withdrawn Paper & Packaging
Chase Securities Pakistan (Pvt) Limited 06/04/2024 BMR BMR3++ Withdrawn Brokerage & Securities Firms
Al-Bario Engineering (Pvt) Ltd 06/03/2024 Entity Withdrawn Miscellaneous
Master Motor Corporation (Pvt) Limited 06/03/2024 Entity Withdrawn Auto & Allied
Alpha Capital (Pvt) Limited 05/30/2024 BMR BMR3++ Withdrawn Brokerage & Securities Firms
Habib Oil Mills (Pvt.) Limited 05/24/2024 Entity Withdrawn Consumer Goods
K-Electric Limited 05/22/2024 STS-21 A1+ Matured Power Companies
K-Electric Limited 05/22/2024 STS-20 A1+ Matured Power Companies
StocXinvest Securities (Pvt) Limited 05/17/2024 BFR BFR4++ Withdrawn Brokerage & Securities Firms
Zahra Textile 05/15/2024 Entity Withdrawn Textiles
Waves Home Appliances Limited (Formerly: Samin Textiles Limited) 05/14/2024 Entity Withdrawn Engineering
Quality Textile Mills Ltd 05/14/2024 Entity Withdrawn Textiles
Pakistan Tiles Private Limited 05/14/2024 Entity Withdrawn Miscellaneous
Frontier Ceramics Limited 05/14/2024 Entity Withdrawn Miscellaneous
Artistic Apparels (Pvt) Ltd 05/14/2024 Entity Withdrawn Textiles
Chiniot Textile Mills Limited 05/02/2024 Entity Withdrawn Textiles
Artistic Milliners (Pvt) Limited 05/02/2024 Entity Withdrawn Textiles
I-J Plastic Industries (Pvt) Limited 04/08/2024 Entity Withdrawn Paper & Packaging
Eastern Spinning Mills Limited 04/08/2024 Entity Withdrawn Textiles
Qadri Textile Mills Limited 04/08/2024 Entity Withdrawn Textiles
Magna Processing Industries (Pvt) Limited 04/08/2024 Entity Withdrawn Textiles
Magna Textile Industries (Pvt) Limited 04/08/2024 Entity Withdrawn Textiles
Agha Steel Industries Limited 04/01/2024 STS Withdrawn Steel & Allied Products
Pakistan Telecommunication Company Limited 03/19/2024 Sukuk 1 Withdrawn Communication
Gujranwala Food Industries (Pvt) Ltd 02/28/2024 Entity Withdrawn Consumer Goods
Aspin Pharma (Pvt) Limited 02/16/2024 Sukuk 1 Matured Medical and Pharmaceutical
DSV Solutions (Pvt) Limited (Formerly: Agility Logistics (Pvt) Limited) 01/17/2024 Entity Withdrawn Storage and Distribution
Mehran Spice & Food Industries 12/18/2023 Entity Withdrawn Consumer Goods
Superhighway Construction Operation and Rehabilitation Engineering (Pvt) Limited 12/07/2023 Entity Withdrawn Cement & Construction
Shafi Texcel Limited 12/06/2023 Entity Withdrawn Textiles
KTRADE Securities Limited 12/05/2023 BMR Withdrawn Brokerage & Securities Firms
K-Electric Limited 11/17/2023 STS-17 Matured Power Companies
Darson Securities (Pvt) Limited 11/06/2023 BMR Withdrawn Brokerage & Securities Firms
Masco Spinning Mills (Pvt) Limited 10/19/2023 Entity Withdrawn Textiles
K-Electric Limited 10/12/2023 STS-16 Matured Power Companies
ABL Government Securities Fund 10/03/2023 Fund Stability Withdrawn Fund Ratings
ABL Islamic Cash Fund 10/03/2023 Fund Stability Withdrawn Fund Ratings
ABL Income Fund 10/03/2023 Fund Stability Withdrawn Fund Ratings
ABL Islamic Income Fund 10/03/2023 Fund Stability Withdrawn Fund Ratings
ABL Cash Fund 10/03/2023 Fund Stability Withdrawn Fund Ratings
K-Electric Limited 09/22/2023 STS-15 Matured Power Companies
Waves Home Appliances Limited (Formerly: Samin Textiles Limited) 08/17/2023 CP Withdrawn Engineering
Agha Steel Industries Limited 08/16/2023 Sukuk 1 Withdrawn Steel & Allied Products
Best Exports (Pvt) Ltd 08/07/2023 Entity Withdrawn Textiles
Pearl Securities Limited 07/31/2023 BMR Withdrawn Brokerage & Securities Firms
MRA Securities Limited 07/13/2023 BMR Withdrawn Brokerage & Securities Firms
Foundation Securities (Pvt) Limited 06/20/2023 BMR Withdrawn Brokerage & Securities Firms
Rousch (Pakistan) Power Limited 06/02/2023 CP Matured Power Companies
Automobile Corporation of Pakistan (Pvt) Limited 06/01/2023 Entity Withdrawn Auto & Allied
K-Electric Limited 04/06/2023 STS-10 Matured Power Companies
ASA Pakistan Limited 04/04/2023 Entity Withdrawn Micro Finance
HANTEX 04/03/2023 Entity Withdrawn Textiles
K-Electric Limited 03/22/2023 STS-9 Matured Power Companies
Integrated Equities Limited 03/10/2023 BMR Withdrawn Brokerage & Securities Firms
K-Electric Limited 02/28/2023 STS-8 Matured Power Companies
Telenor Microfinance Bank Limited 02/22/2023 Entity Withdrawn Micro Finance
Noor Fatima Fabrics (Pvt) Limited 01/31/2023 Entity Withdrawn Textiles
Yaqeen Developers Ltd 01/27/2023 Entity Withdrawn Cement & Construction
Denim Clothing Company 01/27/2023 Entity Withdrawn Textiles
Smartlink Technologies 01/18/2023 Entity Withdrawn Storage and Distribution
Power Cement Ltd 01/05/2023 BLR Withdrawn Cement & Construction
Waves Corporation Limited (Formerly Waves Singer Pakistan Limited) 12/27/2022 Entity Withdrawn Engineering
National Seafood (Pvt) Limited 12/23/2022 Entity Withdrawn Consumer Goods
ABA Ali Habib Securities (Pvt) Limited 12/15/2022 BFR Withdrawn Brokerage & Securities Firms
Al Razzaq Fibres (Private) Limited 12/15/2022 Entity Withdrawn Textiles
Fawad Yusuf Securities (Pvt) Ltd 12/09/2022 Entity Withdrawn Brokerage & Securities Firms
Razaque Steels (Pvt) Limited 12/08/2022 Entity Withdrawn Steel & Allied Products
AKD Securities Limited (Pre BIPLS) 12/08/2022 BFR BFR2++ Withdrawn Brokerage & Securities Firms
AKD Securities Limited (Pre BIPLS) 12/08/2022 BMR BMR1 Withdrawn Brokerage & Securities Firms
AKD Securities Limited (Pre BIPLS) 12/07/2022 Entity Withdrawn Brokerage & Securities Firms
Cotton Empire (Pvt) Ltd 12/07/2022 Entity Withdrawn Textiles
Agha Steel Industries Limited 12/06/2022 Sukuk 2 Withdrawn Steel & Allied Products
Dubai Islamic Bank Pakistan Ltd 12/02/2022 Sukuk 1 Withdrawn Commercial Banks
Security Investment Bank Limited 12/01/2022 Entity Withdrawn Investment Banks
Multiline Securities Limited 11/07/2022 BMR Withdrawn Brokerage & Securities Firms
Saakh Pharma (Pvt) Ltd 10/28/2022 Entity Withdrawn Medical and Pharmaceutical
Mughal Iron & Steel Industries Limited 10/28/2022 CP Matured Steel & Allied Products
Fortune Securities Limited 10/24/2022 BFR BFR3 Stable Withdrawn Brokerage & Securities Firms
Mughal Energy Limited 10/10/2022 Entity Withdrawn Power Companies
Adam Securities Limited 09/29/2022 BMR BMR2+ Stable Withdrawn Brokerage & Securities Firms
K-Electric Limited 09/13/2022 ICP-24 Matured Power Companies
K-Electric Limited 09/13/2022 ICP-23 Matured Power Companies
Ebrahim Textile Mills (Pvt) Limited 09/02/2022 Entity Withdrawn Textiles
Orient Textile Mills Limited 09/02/2022 Entity Withdrawn Textiles
Waves Corporation Limited (Formerly Waves Singer Pakistan Limited) 08/31/2022 CP Matured Engineering
Grays Leasing Limited 08/11/2022 Entity Withdrawn Leasing
K-Electric Limited 08/04/2022 Sukuk 4 Matured Power Companies
Next Capital Limited 07/05/2022 CP Matured Brokerage & Securities Firms
Bank Alfalah Ltd. 07/04/2022 TFC-1 Withdrawn Commercial Banks
Quaid-e-Azam Solar Power (Pvt) Limited 06/06/2022 Entity Withdrawn Power Companies
International Brands Limited 05/26/2022 Sukuk 1 Matured Storage and Distribution
International Brands Limited 05/26/2022 Entity Withdrawn Storage and Distribution
K-Electric Limited 04/07/2022 ICP-20 Matured Power Companies
K-Electric Limited 04/07/2022 ICP-19 Matured Power Companies
ABL Asset Management Limited 02/15/2022 Management Quality Withdrawn Asset Manager Quality
Jamshoro Joint Venture Limited 02/09/2022 Entity Withdrawn Oil & Gas
Yunus Textile Mills Limited 02/02/2022 Entity Withdrawn Textiles
International Complex Projects Limited 01/31/2022 Entity Withdrawn Cement & Construction
BMA Empress Cash Fund 01/27/2022 Fund Stability Withdrawn Fund Ratings
Shajar Roads Limited 01/10/2022 Entity Withdrawn Cement & Construction
Meezan Bank Limited 12/31/2021 Sukuk 1 Matured Commercial Banks
Inbox Business Technologies Limited 12/31/2021 Entity Withdrawn Miscellaneous
Kot Addu Power Company Limited 08/17/2022 CP Matured Power Companies
Ghotki Kandhkot Road & Bridge Co. (Pvt) Limited 11/30/2021 Sukuk/TFC Withdrawn Cement & Construction
Din Energy Limited 11/18/2021 Entity Withdrawn Power Companies
Din Textile Mills Limited 11/18/2021 Entity Withdrawn Textiles
K-Electric Limited 10/26/2021 ICP-18 Matured Power Companies
K-Electric Limited 10/26/2021 ICP-17 Matured Power Companies
K-Electric Limited 10/26/2021 CP-14 Matured Power Companies
Airwaves Media (Pvt) Limited 10/25/2021 Entity Withdrawn Miscellaneous
Agro Steel Industry 10/21/2021 Entity Withdrawn Steel & Allied Products
Sindh Nooriabad Power Company Phase-II (Pvt) Limited 09/20/2021 TFC-2 Withdrawn Power Companies
Sindh Nooriabad Power Company Limited 09/20/2021 TFC-1 Withdrawn Power Companies
Al-Rahim Trading Company (Pvt) Limited 09/20/2021 Entity Withdrawn Storage and Distribution
Hascol Petroleum Limited 09/14/2021 Sukuk 1 Withdrawn Oil & Gas
Hascol Petroleum Limited 09/14/2021 Entity Withdrawn Oil & Gas
Renacon Pharma Limited 09/08/2021 Entity Withdrawn Medical and Pharmaceutical
Elite Estates (Pvt) Limited 08/06/2021 BLR Matured Cement & Construction
Foundation Wind Energy I Limited 07/13/2021 Entity Withdrawn Power Companies
K-Electric Limited 07/09/2021 CP-13 Matured Power Companies
K-Electric Limited 07/09/2021 CP-10 Matured Power Companies
Bank Alfalah Ltd. 06/30/2021 Entity Withdrawn Commercial Banks
Habib Bank Limited 06/18/2021 TFC-1 Matured Commercial Banks
AWT Investments Limited 06/15/2021 Management Quality Withdrawn Asset Manager Quality
Askari Bank Ltd 06/03/2021 TFC-5 Withdrawn Commercial Banks
Commtel 05/31/2021 Entity Withdrawn Miscellaneous
Mima Leather (Pvt) Ltd. 05/20/2021 Entity Withdrawn Tanneries and Leather Products
K-Electric Limited 04/05/2021 CP-9 A1+ Matured Power Companies
Sania Enterprises 03/02/2021 Entity Withdrawn Transport
FM Express 03/02/2021 Entity Withdrawn Transport
Al Nasr Textiles Limited 02/23/2021 Entity Withdrawn Textiles
Attock Cement Pakistan Limited 02/22/2021 Entity Withdrawn Cement & Construction
Pak-Kuwait Takaful Company Limited 02/11/2021 IFS Withdrawn Insurance
Arif Habib Equity Limited 02/08/2021 Entity AA- A1 Stable Withdrawn Miscellaneous
Ferrous Engineering Industry 01/29/2021 Entity Withdrawn Steel & Allied Products
Shaheen Freight Services 01/22/2021 Entity Withdrawn Storage and Distribution
Cine Star SMC (Pvt) Ltd 01/18/2021 Entity Withdrawn Miscellaneous
Deokjae Connecting Roads (Pvt) Limited 01/18/2021 Entity Withdrawn Cement & Construction
Radiant Medical (Pvt) Ltd 01/15/2021 Entity Withdrawn Medical and Pharmaceutical
Nova Powergen Limited 01/14/2021 Entity Withdrawn Power Companies
Sindh Leasing Company Limited 01/11/2021 Entity Withdrawn Leasing
JS Investments Limited 12/29/2020 Management Quality Withdrawn Asset Manager Quality
Askari Cement Limited 12/03/2020 Entity Withdrawn Cement & Construction
Allied Industries Hub (Pvt) Ltd 11/16/2020 Entity Withdrawn Engineering
Clover Pakistan Limited 11/12/2020 Entity Withdrawn Consumer Goods
Premier Agencies 11/11/2020 Entity Withdrawn Storage and Distribution
P.D.H. Laboratories (Pvt) Ltd 11/05/2020 Entity Withdrawn Medical and Pharmaceutical
Vision Developers (Pvt) Ltd 11/05/2020 Entity Withdrawn Cement & Construction
Vision Builders (Pvt) Limited 11/05/2020 Entity Withdrawn Cement & Construction
Park View Enclave (Pvt) Limited 11/05/2020 Sukuk/TFC Withdrawn Cement & Construction
Park View Enclave (Pvt) Limited 11/05/2020 Entity Withdrawn Cement & Construction
Avanceon Limited 10/21/2020 Entity Withdrawn Engineering
Hascol Petroleum Limited 10/14/2020 CP-4 Withdrawn Oil & Gas
Treet Corporation Limited 10/13/2020 Sukuk 1 Withdrawn Consumer Goods
Treet Corporation Limited 10/13/2020 PTC 1 Matured Consumer Goods
Riaz Textile Mills (Pvt) Limited 08/26/2020 Entity Withdrawn Textiles
K-Electric Limited 08/25/2020 CP-8 A1+ Matured Power Companies
Zarai Taraqiati Bank Limited 06/30/2020 Govt. Guaranteed Obligations Withdrawn DFIs
Foundation Wind Energy - II Limited 06/24/2020 Entity Withdrawn Power Companies
Elixir Securities Pakistan (Pvt) Limited 06/17/2020 Entity Withdrawn Brokerage & Securities Firms
FINCA Microfinance Bank Limited 04/30/2020 TFC-1 Withdrawn Micro Finance
Dawood Islamic Fund 04/24/2020 MFP Ranking Discontinued Fund Ratings
First Dawood Mutual Fund 04/24/2020 MFP Ranking Discontinued Fund Ratings
Askari Islamic Asset Allocation Fund 04/24/2020 MFP Ranking Discontinued Fund Ratings
Askari Equity Fund 04/24/2020 MFP Ranking Discontinued Fund Ratings
K-Electric Limited 03/13/2020 CP-5 A1+ Matured Power Companies
Takaful Pakistan Limited 02/24/2020 IFS Withdrawn Insurance
Sindh Nooriabad Power Company Phase-II (Pvt) Limited 02/14/2020 Sukuk 1 Withdrawn Power Companies
Sindh Nooriabad Power Company Limited 02/14/2020 Sukuk 1 Withdrawn Power Companies
Dawood Equities Limited 06/30/2019 Entity Withdrawn Brokerage & Securities Firms
Pakistan General Insurance Company Limited 06/30/2019 IFS Withdrawn Insurance