Press Release

VIS Withdraws Fund Stability Ratings of ABL Islamic Cash Fund

Karachi, October 03, 2023: VIS Credit Rating Company Limited (VIS) has withdrawn the fund stability ratings of ‘AA+(f)’ assigned to ABL Islamic Cash Fund, with immediate effect, due to non-renewal of contract. Previous rating action was announced on December 30, 2022.

For further information on this rating announcement, please contact Mr. Muhammad Tabish (Ext: 216) or the undersigned (Ext. 207) at 021-35311861-4 or email at info@vis.com.pk










Sara Ahmed
Director

Applicable Rating Criteria: Fund Stability Ratings (Sep 2023)
https://docs.vis.com.pk/docs/-FundstabilityRating.pdf

VIS Issue/Issuer Rating Scale:
https://docs.vis.com.pk/docs/VISRatingScales.pdf

Information herein was obtained from sources believed to be accurate and reliable; however, VIS Credit Rating Company Limited (VIS) does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information.VIS , the analysts involved in the rating process and members of its rating committee do not have any conflict of interest relating to the rating(s)/ranking(s) mentioned in this report.VIS is paid a fee for most rating assignments. This rating/ranking is an opinion and is not a recommendation to buy or sell any securities. Copyright 2023 VIS Credit Rating Company Limited . All rights reserved. Contents may be used by news media with credit to VIS .