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 Instrument and Entity Ratings of Sadaqat Limited VIS Reaffirms Instrument and Entity Ratings of Sadaqat Limited VIS Reaffirms Entity Ratings of Servo Motor Oil (Private) Limited VIS Matures Rating of Short Term Sukuk-4 of Pakistan Telecommunication Company Limited VIS Assigns Initial Entity Ratings to GoldFin Limited VIS Reaffirms Broker Management Rating of AKIK Capital (Private) Limited VIS Reaffirms Entity Ratings of Thal Limited VIS Assigns Preliminary Rating to Proposed Short Term Sukuk of Citi Pharma Limited VIS Reaffirms Sukuk Ratings of Crescent Steel and Allied Products VIS Reaffirms Entity Ratings of Crescent Steel and Allied Products

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
Sadaqat Limited 12/19/2024 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
Sadaqat Limited 12/19/2024 TFC
A Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
Stable Reaffirmed
Servo Motor Oil (Pvt) Limited 12/19/2024 Entity
BBB Adequate credit quality; Protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
Pakistan Telecommunication Company Limited 12/19/2024 STS-4
Matured
GoldFin Limited 12/19/2024 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 Initial
AKIK Capital (Pvt) Ltd 12/19/2024 BMR
BMR3 Adequate regulatory compliance, control environment, and financial management; governance and risk management frameworks are satisfactory; HR, IT, and customer services are adequate.
Stable Reaffirmed
Thal Limited 12/18/2024 Entity
AA High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
A1+ Strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors
Stable Reaffirmed
Citi Pharma Limited 12/16/2024 STS
A1 (plim)
Preliminary
Crescent Steel & Allied Products Limited 12/17/2024 Sukuk 1
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
Stable Reaffirmed
Crescent Steel & Allied Products Limited 12/17/2024 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
See All