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 Entity Ratings of Bhanero Textile Mills Limited VIS Matures Rating of Short Term Sukuk-25 (STS-25) of K-Electric Limited VIS Matures Rating of Short Term Sukuk (STS-26) of K-Electric Limited VIS Withdraws Entity Ratings of CDC Share Registrar Services Limited VIS Reaffirms Entity Ratings of Multiline Securities Limited VIS Maintains Entity Rating for The Imperial Electric Company Pvt Ltd VIS Reaffirms Entity Ratings of Pak Telecom Mobile Limited VIS Reaffirms Entity Ratings of Highnoon Laboratories Limited VIS Removes Rating Watch for Kot Addu Power Company Limited VIS Reaffirms Instrument Ratings of K-Electric Limited’s Sukuk 6

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
K-Electric Limited 1/30/2025 STS-26
Matured
Bhanero Textile Mills Ltd 1/30/2025 Entity
A+ Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Stable Reaffirmed
K-Electric Limited 1/30/2025 STS-25
Matured
CDC Share Registrar Services Limited 1/28/2025 Entity
Withdrawn
Multiline Securities Limited 1/28/2025 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
Pak Telecom Mobile Limited 1/27/2025 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 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Stable Reaffirmed
The Imperial Electric Company (Pvt) Limited 1/27/2025 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 Maintained
Highnoon Laboratories Ltd 1/24/2025 Entity
A+ Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Positive Reaffirmed
Kot Addu Power Company Limited 1/24/2025 Entity
A+ Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Stable Maintained
K-Electric Limited 1/23/2025 Sukuk 6
AA+ High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
Stable Reaffirmed
See All