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 Finalizes Short Term Rating of Short-Term Sukuk X (STS-X) of Pakistan Telecommunication Company Limited (PTCL) VIS Finalizes Short Term Rating of Short-Term Sukuk IX (STS-IX) of Pakistan Telecommunication Company Limited (PTCL) VIS Reaffirms Broker Fiduciary Rating of Alpha Capital (Pvt) Limited VIS Finalizes Short Term Rating of Short-Term Sukuk VIII (STS-VIII) of Pakistan Telecommunication Company Limited (PTCL) VIS Suspends Broker Fiduciary Rating of Tannu Securities (Private) Limited VIS Reaffirms Entity Ratings of Naveena Industries Limited VIS Assign Preliminary Ratings to K-Electric Limited’s Short Term Sukuk - 30 VIS Reaffirms IFS Rating of EFU Life Assurance Limited VIS Reaffirms Entity Ratings of Shafi Lifestyle (Pvt.) Limited VIS Reaffirms IFS Rating of Askari General Insurance Company Limited.

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
Pakistan Telecommunication Company Limited 3/11/2025 STS-9
A1+ Strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors
Final
Pakistan Telecommunication Company Limited 3/11/2025 STS-10
A1+ Strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors
Final
Pakistan Telecommunication Company Limited 3/11/2025 STS-8
A1+ Strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors
Final
Alpha Capital (Pvt) Limited 3/11/2025 BFR
BFR3 Good fiduciary standards
Stable Reaffirmed
Tannu Securities (Pvt) Limited 3/11/2025 BFR
Suspended
Naveena Industries Limited 3/10/2025 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
K-Electric Limited 3/7/2025 STS-30
A1+ (plim)
Preliminary
EFU Life Assurance Limited 3/6/2025 IFS
AA++ (IFS) Very Strong.Very Strong capacity to meet policy holders and contract obligations. Risk factors are very low, and the impact of any adverse business and economic factors is expected to be very small.
Stable Reaffirmed
Shafi Lifestyle (Pvt) Ltd 3/6/2025 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
The Co-operative Insurance Society of Pakistan Limited 3/5/2025 IFS
BB+ (IFS) Marginal. Marginal capacity to meet policyholders and contract obligations. Though positive factors are present, risk factors are relatively high, and the impact of any adverse business and economic factors is expected to be significant.
Stable Reaffirmed
See All