PACRA Pakistan Credit Rating Agency

# Company Sector Rating type Dissemination Date LT Rating ST Rating Action Outlook
1 Cherat Cement Company Limited Cement Entity 24-Feb-15 A- A2 Initial Stable
2 Pakistan National Shipping Corporation Transportation Entity 17-Feb-15 AA- A1+ Maintain Stable
3 National Power Construction Corporation (Pvt.) Limited Engineering Entity 13-Feb-15 A A1 Maintain Stable
4 First Punjab Modaraba Modaraba Entity 13-Feb-15 BBB+ A2 Upgrade Stable
5 SME Bank Limited Bank Entity 12-Feb-15 BB B Downgrade Negative
6 State Life Insurance Corporation of Pakistan Insurance IFS 09-Feb-15 AAA Maintain Stable
7 Autosoft Dynamics (Pvt.) Limited Technology Entity 30-Jan-15 A- A1 Maintain Positive
8 Atlas Sovereign Liquid Fund Money Market Fund Stability Rating 30-Jan-15 AA+(f) Initial Stable
9 Soneri Bank Limited | TFC II | TBI Bank Debt Instrument 29-Jan-15 A+ Preliminary
10 Sindh Insurance Limited Insurance IFS 28-Jan-15 A- Initial Stable
11 Kohinoor Textile Mills Limited Textile Entity 28-Jan-15 A- A2 Maintain Stable
12 Pak-Libya Holding Company (Pvt.) Limited | TFC II | May-13 DFI Debt Instrument 27-Jan-15 AA Initial Negative
13 Asiacare Health and Life Insurance Company Limited Insurance IFS 20-Jan-15 A- Initial Stable
14 Standard Chartered Modaraba Modaraba Entity 15-Jan-15 AA+ A1+ Maintain Stable
15 Standard Chartered Leasing Limited Leasing Entity 15-Jan-15 AA+ A1+ Maintain Stable
16 ORIX Leasing Pakistan Limited Leasing Entity 15-Jan-15 AA+ A1+ Maintain Stable
17 IGI Investment Bank Limited Investment Bank Entity 14-Jan-15 BBB- A3 Maintain Positive
18 Pak Arab Refinery Limited Oil and Gas Entity 13-Jan-15 AAA A1+ Maintain Stable
19 Engro Corporation Limited | Sukuk | Jul-14 Holding Company Debt Instrument 13-Jan-15 AA Maintain Positive
20 Engro Corporation Limited Holding Company Entity 13-Jan-15 AA- A1+ Maintain Positive
21 NAFA Government Securities Savings Fund Income Fund Stability Rating 13-Jan-15 AA-(f) Initial Stable
22 Dawood Hercules Corporation Limited Holding Company Entity 12-Jan-15 A+ A1 Initial Stable
23 Nishat Mills Limited Textile Entity 10-Jan-15 AA A1+ Upgrade Stable
24 First Habib Modaraba Modaraba Entity 09-Jan-15 AA+ A1+ Maintain Stable
25 Maple Leaf Cement Factory Limited Cement Entity 09-Jan-15 A- A2 Upgrade Stable
26 Engro Fertilizers Limited |TFC III| Dec-09 Fertilizer Debt Instrument 09-Jan-15 AA- Upgrade Stable
27 Maple Leaf Cement Factory Limited |Sukuk| Dec-07 Cement Debt Instrument 09-Jan-15 A- Upgrade Stable
28 Engro Fertilizers Limited | Sukuk III | Jul-14 Fertilizer Debt Instrument 09-Jan-15 A+ Maintain Stable
29 The Pakistan Water and Power Development Authority | PPTFC | Sep-13 Energy Debt Instrument 09-Jan-15 AAA Maintain Stable
30 Engro Fertilizers Limited |PPTFC I| Mar-08 Fertilizer Debt Instrument 09-Jan-15 AA- Upgrade Stable
31 IGI Insurance Limited Insurance IFS 08-Jan-15 AA Maintain Stable
32 Engro Fertilizers Limited Fertilizer Entity 08-Jan-15 A+ A1 Upgrade Stable
33 Engro Fertilizers Limited |PPTFC II| Mar-08 Fertilizer Debt Instrument 08-Jan-15 AA- Upgrade Stable
34 Atlas Insurance Limited Insurance IFS 07-Jan-15 AA- Maintain Stable
35 Habib Insurance Company Limited Insurance IFS 06-Jan-15 A+ Maintain Positive
36 Pak Elektron Limited |Sukuk I| Sep-07 Engineering Debt Instrument 06-Jan-15 A- Initial Stable
37 The Universal Insurance Company Limited Insurance IFS 06-Jan-15 BBB- Downgrade Negative
38 Pak Elektron Limited |Sukuk II| Mar-08 Engineering Debt Instrument 06-Jan-15 A- Initial Stable
39 Askari General Insurance Company Limited Insurance IFS 05-Jan-15 A+ Maintain Stable
40 Shaheen Insurance Company Limited Insurance IFS 05-Jan-15 A- Upgrade Stable
41 Jubilee General Insurance Company Limited Insurance IFS 05-Jan-15 AA+ Maintain Stable
42 Nishat Hotels and Properties Ltd Others Entity 31-Dec-14 A- A2 Initial Stable
43 Chiniot Power (pvt.) Limited Energy Entity 31-Dec-14 A- A2 Initial Stable
44 Engro Elengy Terminal (Private) Limited Oil and Gas Entity 31-Dec-14 A- A2 Initial Stable
45 Silver Star Insurance Company Limited Insurance IFS 30-Dec-14 A- Maintain Stable
46 Prosperity Weaving Mills Limited Textile Entity 29-Dec-14 A- A2 Maintain Stable
47 Liberty Power Tech Limited |TFC| Jan-11 Energy Debt Instrument 19-Dec-14 A+ Maintain Stable
48 Liberty Power Tech Limited |Sukuk| Jan-11 Energy Debt Instrument 19-Dec-14 A+ Maintain Stable
49 Pakistan Mobile Communications Limited | Sukuk | TBI Communication Debt Instrument 19-Dec-14 AA Initial Stable
50 Nishat Power Limited Energy Entity 19-Dec-14 A+ A1 Maintain Stable
51 Liberty Power Tech Limited Energy Entity 19-Dec-14 A+ A1 Maintain Stable
52 Pak China Investment Company Limited DFI Entity 19-Dec-14 AA A1+ Upgrade Stable
53 Ibrahim Fibers Limited Textile Entity 18-Dec-14 AA- A1+ Maintain Stable
54 Descon Oxychem Limited Chemical Entity 12-Dec-14 A A1 Maintain Stable
55 First Fidelity Leasing Modaraba Modaraba Entity 12-Dec-14 BBB+ A2 Maintain Stable
56 Pak Elektron Limited Engineering Entity 12-Dec-14 A- A2 Initial Stable
57 First Capital Investments Limited Asset Management Asset Manager 06-Dec-14 AM4+ Maintain Stable
58 Kohsar Hydro Power (Pvt.) Limited Energy Entity 05-Dec-14 BBB A3 Maintain Stable
59 Mangla Metals (Pvt.) Limited Engineering Entity 05-Dec-14 BBB A3 Maintain Stable
60 Alfalah Insurance Company Limited Insurance IFS 02-Dec-14 A+ Upgrade Stable
61 The United Insurance Company of Pakistan Limited Insurance IFS 02-Dec-14 A+ Maintain Stable
62 East West Insurance Company Limited Insurance IFS 01-Dec-14 A Maintain Stable
63 Maqbool Textile Mills Limited Textile Entity 28-Nov-14 BBB+ A2 Initial Stable
64 Asia Insurance Company Limited Insurance IFS 28-Nov-14 A- Maintain Stable
65 Fatima Fertilizer Company Limited Fertilizer Entity 27-Nov-14 AA- A1+ Upgrade Stable
66 Kohinoor Energy Limited Energy Entity 25-Nov-14 AA A1+ Maintain Stable
67 First Capital Mutual Fund Equity Fund (Closed-end) Performance Ranking 21-Nov-14 3-STAR Initial
68 AKD Opportunity Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 4-Star 4-STAR Same
69 Alfalah GHP Alpha Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 2-Star 3-STAR Improved
70 Alfalah GHP Islamic Fund Islamic Equity Fund Performance Ranking 21-Nov-14 4-Star 3-STAR Same
71 Alfalah GHP Value Fund Asset Allocation Fund Performance Ranking 21-Nov-14 3-Star 3-STAR Same
72 Askari Asset Allocation Fund Islamic Asset Allocation Performance Ranking 21-Nov-14 3-Star 3-STAR Declined
73 Askari Equity Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 2-STAR Declined
74 Askari Islamic Asset Allocation Fund Islamic Asset Allocation Performance Ranking 21-Nov-14 2-Star 1-STAR Declined
75 Atlas Islamic Stock Fund Islamic Equity Fund Performance Ranking 21-Nov-14 3-Star 2-STAR Declined
76 Atlas Stock Market Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 4-Star 3-STAR Same
77 First Habib Islamic Balanced Fund Balanced Fund Performance Ranking 21-Nov-14 2-STAR Same
78 Golden Arrow Selected Stocks Fund Equity Fund (Closed-end) Performance Ranking 21-Nov-14 5-Star 4-STAR Same
79 IGI Stock Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 3-Star 2-STAR Declined
80 JS Growth Fund Equity Fund (Closed-end) Performance Ranking 21-Nov-14 4-Star 4-STAR Improved
81 JS Islamic Fund Islamic Equity Fund Performance Ranking 21-Nov-14 3-Star 4-STAR Improved
82 JS Large Capital Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 3-Star 3-STAR Declined
83 JS Value Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 4-Star 3-STAR Declined
84 Lakson Equity Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 2-Star 3-STAR Same
85 MCB Dynamic Allocation Fund Asset Allocation Fund Performance Ranking 21-Nov-14 3-Star 4-STAR Same
86 NAFA Asset Allocation Fund Asset Allocation Fund Performance Ranking 21-Nov-14 5-Star 3-STAR Same
87 NAFA Islamic Asset Allocation Fund (Formerly NAFA Islamic Multi Asset Fund) Islamic Asset Allocation Performance Ranking 21-Nov-14 4-Star 4-STAR Same
88 NAFA Stock Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 4-Star 3-STAR Declined
89 NI(U)T Equity Fund (Open-end) Performance Ranking 21-Nov-14 4-Star 5-STAR Improved
90 Pak Oman Advantage Asset Allocation Fund Asset Allocation Fund Performance Ranking 21-Nov-14 2-Star 2-STAR Declined
91 Pak Oman Islamic Asset Allocation Fund Islamic Asset Allocation Performance Ranking 21-Nov-14 3-Star 4-STAR Improved
92 Pakistan International Element Islamic Fund Islamic Equity Fund Performance Ranking 21-Nov-14 3-Star 4-STAR Improved
93 Pakistan Stock Market Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 3-Star 3-STAR Same
94 Pakistan Strategic Allocation Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 3-Star 4-STAR Improved
95 Unit Trust of Pakistan Balanced Fund Performance Ranking 21-Nov-14 4-Star 3-STAR Declined
96 NAFA Multi Asset Fund Balanced Fund Performance Ranking 21-Nov-14 4-Star 4-STAR Improved
97 LalPir Power Limited Energy Entity 20-Nov-14 AA A1+ Maintain Stable
98 PakGen Power Limited Energy Entity 20-Nov-14 AA A1+ Maintain Stable
99 Attock Refinery Limited Oil and Gas Entity 20-Nov-14 AA A1+ Maintain Stable
100 Pakistan Capital Market Fund Asset Allocation Fund Performance Ranking 19-Nov-14 3-Star 4-STAR Improved
101 KASB Bank Limited Bank Entity 17-Nov-14 B C Downgrade RW(-ve)
102 National Refinery Limited Oil and Gas Entity 14-Nov-14 AA+ A1+ Maintain Stable
103 Wackenhut Pakistan (Pvt.) Limited Security Security Agency Grading 25-Oct-14 SG2 Initial Stable
104 TPL Direct Insurance Limited Insurance IFS 24-Oct-14 A- Maintain RW
105 Fazal Cloth Mills Limited Textile Entity 10-Oct-14 A- A2 Maintain Stable
106 AKD Investment Management Limited Asset Management Asset Manager 26-Sep-14 AM3 Initial Stable
107 AlBaraka Bank (Pakistan) Limited | Sukuk | Sep-14 Bank Debt Instrument 25-Sep-14 A Initial Stable
108 Bestway Cement Limited Cement Entity 16-Sep-14 A+ A1 Maintain RW
109 NAFA Income Opportunity Fund Income Fund Stability Rating 27-Aug-14 A-(f) Upgrade Stable
110 NAFA Islamic Aggressive Income Fund Income Fund Stability Rating 27-Aug-14 A-(f) Upgrade Stable
111 PRIMUS Daily Reserve Fund Money Market Fund Stability Rating 21-Jul-14 AA+(f) Maintain Stable
112 Modaraba Al-Mali Modaraba Entity 30-Jun-14 A- A2 Maintain Stable
113 HUM Network Limited Communication Entity 30-Jun-14 A+ A1 Maintain Stable
114 The Bank of Khyber Bank Entity 30-Jun-14 A A1 Maintain Stable
115 BankIslami Pakistan Limited Bank Entity 30-Jun-14 A A1 Maintain Positive
116 Bank Alfalah Limited Bank Entity 30-Jun-14 AA A1+ Maintain Stable
117 Bank Alfalah Limited |TFC IV| Dec-09 Bank Debt Instrument 30-Jun-14 AA- Maintain Stable
118 Bank Alfalah Limited | TFC V | Feb-13 Bank Debt Instrument 30-Jun-14 AA- Maintain Stable
119 First Women Bank Limited Bank Entity 30-Jun-14 BBB+ A2 Downgrade Stable
120 Engro Polymer & Chemicals Limited Chemical Entity 30-Jun-14 A A1 Initial Stable
121 Pakistan Refinery Limited Oil and Gas Entity 30-Jun-14 A- A2 Maintain Stable
122 Askari Bank Limited |TFC III| Nov-09 Bank Debt Instrument 30-Jun-14 AA- Maintain Stable
123 Askari Bank Limited |TFC IV| Dec-11 Bank Debt Instrument 30-Jun-14 AA- Maintain Stable
124 The Bank of Punjab Bank Entity 30-Jun-14 AA- A1+ Maintain Stable
125 JS Investments Limited Asset Management Entity 30-Jun-14 A+ A1 Maintain Stable
126 Pakistan Refinery Limited | TFC I | Nov-13 Oil and Gas Debt Instrument 30-Jun-14 A Maintain Stable
127 Pakistan Refinery Limited | TFC II | Nov-13 Oil and Gas Debt Instrument 30-Jun-14 A Maintain Stable
128 Hub Power Company Limited Energy Entity 27-Jun-14 AA+ A1+ Maintain Stable
129 TPL Trakker Limited Auto and Allied Entity 27-Jun-14 A- A2 Maintain Stable
130 AlBaraka Bank (Pakistan) Limited Bank Entity 27-Jun-14 A A1 Maintain Positive
131 JS Bank Limited Bank Entity 27-Jun-14 A+ A1 Maintain Stable
132 Allied Bank Limited Bank Entity 27-Jun-14 AA+ A1+ Maintain Stable
133 Packages Limited Paper and Packaging Entity 27-Jun-14 AA A1+ Maintain Stable
134 Allied Bank Limited |TFC II| Aug-09 Bank Debt Instrument 27-Jun-14 AA Maintain Stable
135 Lakson Investments Limited Asset Management Asset Manager 26-Jun-14 AM3+ Maintain Stable
136 Pak-Libya Holding Company (Pvt.) Limited DFI Entity 26-Jun-14 AA- A1+ Maintain Negative
137 NIB Bank Limited Bank Entity 26-Jun-14 AA- A1+ Maintain Stable
138 MCB Bank Limited Bank Entity 26-Jun-14 AAA A1+ Maintain Stable
139 Habib Metropolitan Bank Limited Bank Entity 26-Jun-14 AA+ A1+ Maintain Stable
140 Bank Al Habib Limited Bank Entity 26-Jun-14 AA+ A1+ Maintain Stable
141 Jahangir Siddiqui & Company Limited Holding Company Entity 26-Jun-14 AA A1+ Maintain Stable
142 Jahangir Siddiqui & Company Limited |TFC VII| Oct-12 Holding Company Debt Instrument 26-Jun-14 AA+ Maintain Stable
143 Bank Al Habib Limited |PPTFC IV| Jun-11 Bank Debt Instrument 26-Jun-14 AA Maintain Stable
144 Pak-Libya Holding Company (Pvt.) Limited |TFC| Feb-11 DFI Debt Instrument 26-Jun-14 AA Maintain Negative
145 Jahangir Siddiqui & Company Limited | TFC VIII | Apr-14 Holding Company Debt Instrument 26-Jun-14 AA+ Maintain Stable
146 Al-Abbas Sugar Mills Limited Sugar Entity 26-Jun-14 A A1 Maintain Stable
147 Sui Southern Gas Company Limited Oil and Gas Entity 26-Jun-14 AA- A1+ Maintain RW(-ve)
148 NIB Bank Limited | TFC II | Jun-14 Bank Debt Instrument 26-Jun-14 A+ Maintain Stable
149 Habib Asset Management Limited Asset Management Asset Manager 25-Jun-14 AM3 Maintain Stable
150 Optimus Limited Auto and Allied Entity 25-Jun-14 BBB+ A2 Maintain Stable
151 Optimus Limited |Sukuk| Mar-08 Auto and Allied Debt Instrument 25-Jun-14 A Maintain Stable
152 Sui Northern Gas Pipelines Limited Oil and Gas Entity 25-Jun-14 AA A1+ Maintain RW(-ve)
153 Pakistan Kuwait Investment Company (Pvt.) Limited DFI Entity 23-Jun-14 AAA A1+ Maintain Stable
154 PAIR Investment Company Limited DFI Entity 23-Jun-14 AA A1+ Maintain Stable
155 Faysal Bank Limited Bank Entity 23-Jun-14 AA A1+ Maintain Stable
156 Alfalah GHP Investment Management Limited Asset Management Asset Manager 20-Jun-14 AM3+ Upgrade Stable
157 Standard Chartered Bank (Pakistan) Limited Bank Entity 19-Jun-14 AAA A1+ Maintain Stable
158 Standard Chartered Bank (Pakistan) Limited | TFC IV | Jun-12 Bank Debt Instrument 19-Jun-14 AAA Maintain Stable
159 SPI Insurance Company Limited Insurance IFS 17-Jun-14 A- Maintain Stable
160 Soneri Bank Limited Bank Entity 17-Jun-14 AA- A1+ Maintain Stable
161 Centrepoint Karachi Real Estate Project Grading 16-Jun-14 PG1 Upgrade Stable
162 KASB Asset Allocation Fund Balanced Fund Performance Ranking 13-Jun-14 1-Star 3-STAR Improved
163 K-Electric Limited|TFC II| Aug-12 Energy Debt Instrument 13-Jun-14 AA Maintain Stable
164 K-Electric Limited|TFC III| Aug-12 Energy Debt Instrument 13-Jun-14 AA Maintain Stable
165 The Pakistan General Insurance Company Limited Insurance IFS 12-Jun-14 A- Maintain Stable
166 Adamjee Insurance Company Limited Insurance IFS 11-Jun-14 AA Maintain Stable
167 K-Electric Limited Energy Entity 11-Jun-14 A+ A2 Upgrade Stable
168 MetroBank-Pakistan Sovereign Fund Income Fund Stability Rating 11-Jun-14 AA-(f) Downgrade Stable
169 NIT Government Bond Fund Income Fund Stability Rating 11-Jun-14 AA-(f) Downgrade Stable
170 Askari Sovereign Yield Enhancer Fund Income Fund Stability Rating 11-Jun-14 AA-(f) Maintain Stable
171 DH Fertilizers Limited Fertilizer Entity 10-Jun-14 A- A2 Maintain Stable
172 Alfalah GHP Sovereign Fund Income Fund Stability Rating 22-May-14 AA-(f) Initial Stable
173 Pakistan Mobile Communications Limited Communication Entity 19-May-14 AA- A1 Maintain Stable
174 Pakistan Mobile Communications Limited |TFC III| Apr-12 Communication Debt Instrument 19-May-14 AA- Maintain Stable
175 Amreli Steels Limited | Sukuk | Dec-09 Engineering Debt Instrument 16-May-14 A- Maintain Stable
176 Foundation Wind Energy I Limited Energy Entity 16-May-14 A A1 Initial Stable
177 PIML Income Fund Income Fund Stability Rating 13-May-14 A+(f) Initial Stable
178 Apna Microfinance Bank Limited Bank Entity 12-May-14 BBB A3 Maintain Positive
179 Dawood Family Takaful Limited Insurance IFS 12-May-14 A- Maintain Stable
180 Adamjee Life Assurance Company Limited Insurance IFS 12-May-14 A Maintain Stable
181 Waseela Microfinance Bank Limited Bank Entity 29-Apr-14 BBB+ A2 Maintain Positive
182 National Investment Trust Limited Asset Management Asset Manager 21-Apr-14 AM2- Maintain Stable
183 Atlas Asset Management Limited Asset Management Asset Manager 18-Apr-14 AM2- Maintain Stable
184 Askari Investment Management Limited Asset Management Asset Manager 17-Apr-14 AM3+ Maintain Stable
185 Foundation Power Company Daharki Limited Energy Entity 14-Apr-14 A+ A1 Maintain Stable
186 MCB-Arif Habib Investments Limited Asset Management Asset Manager 10-Apr-14 AM2 Maintain Stable
187 Primus Islamic Money Market Fund Money Market Fund Stability Rating 09-Apr-14 AA(f) Initial Stable
188 NBP Fullerton Asset Management Limited Asset Management Asset Manager 08-Apr-14 AM2 Maintain Stable
189 Crescent Star Insurance Limited Insurance IFS 01-Apr-14 BBB+ Initial Stable
190 First Habib Income Fund Income Fund Stability Rating 28-Mar-14 AA-(f) Maintain Stable
191 Escorts Investment Bank Limited Investment Bank Entity 27-Mar-14 BBB A3 Maintain Stable
192 Alfalah GHP Income Multiplier Fund Income Fund Stability Rating 13-Mar-14 BBB+(f) Same Stable
193 IGI Aggressive Income Fund Income Fund Stability Rating 13-Mar-14 A-(f) Upgrade Stable
194 IGI Islamic Income Fund Income Fund Stability Rating 13-Mar-14 A+(f) Maintain Stable
195 IGI Income Fund Income Fund Stability Rating 13-Mar-14 A+(f) Initial Stable
196 Atlas Income Fund Income Fund Stability Rating 13-Mar-14 A+(f) Maintain Stable
197 Atlas Islamic Income Fund Income Fund Stability Rating 13-Mar-14 AA-(f) Maintain Stable
198 NIT Income Fund Income Fund Stability Rating 13-Mar-14 A+(f) Maintain Stable
199 Askari High Yield Scheme Income Fund Stability Rating 05-Mar-14 A(f) Maintain Stable
200 Askari Islamic Income Fund Income Fund Stability Rating 05-Mar-14 AA-(f) Maintain Stable
201 Askari Sovereign Cash Fund Money Market Fund Stability Rating 05-Mar-14 AAA(f) Maintain Stable
202 Lakson Income Fund Income Fund Stability Rating 05-Mar-14 A+(f) Maintain Stable
203 Lakson Money Market Fund Money Market Fund Stability Rating 05-Mar-14 AA(f) Maintain Stable
204 NAFA Financial Sector Income Fund Income Fund Stability Rating 05-Mar-14 A+(f) Maintain Stable
205 NAFA Government Securities Liquid Fund Money Market Fund Stability Rating 05-Mar-14 AAA(f) Maintain Stable
206 NAFA Income Fund Income Fund Stability Rating 05-Mar-14 A-(f) Maintain Stable
207 NAFA Money Market Fund Money Market Fund Stability Rating 05-Mar-14 AA(f) Maintain Stable
208 NAFA Riba Free Saving Fund Income Fund Stability Rating 05-Mar-14 AA-(f) Maintain Stable
209 NAFA Saving Plus Fund Income Fund Stability Rating 05-Mar-14 AA-(f) Maintain Stable
210 Tameer Microfinance Bank Limited Bank Entity 27-Feb-14 A+ A1 Upgrade Stable
211 Pak Oman Advantage Fund Income Fund Stability Rating 27-Feb-14 A+(f) Maintain Stable
212 Pak Oman Advantage Islamic Income Fund Income Fund Stability Rating 27-Feb-14 AA-(f) Maintain Stable
213 Pak Oman Government Securities Fund Income Fund Stability Rating 27-Feb-14 AA(f) Maintain Stable
214 Atlas Money Market Fund Money Market Fund Stability Rating 26-Feb-14 AA+(f) Upgrade Stable
215 BMA Chundrigar Road Savings Fund Income Fund Stability Rating 26-Feb-14 A+(f) Maintain Stable
216 JS Income Fund Income Fund Stability Rating 26-Feb-14 A+(f) Maintain Stable
217 JS Islamic Government Securities Fund Income Fund Stability Rating 26-Feb-14 AA-(f) Maintain Stable
218 Alfalah GHP Cash Fund Money Market Fund Stability Rating 24-Feb-14 AAA(f) Upgrade Stable
219 IGI Money Market Fund Money Market Fund Stability Rating 24-Feb-14 AA+(f) Upgrade Stable
220 MCB Dynamic Cash Fund Income Fund Stability Rating 20-Feb-14 A+(f) Maintain Stable
221 Pakistan Cash Management Fund Money Market Fund Stability Rating 20-Feb-14 AAA(f) Maintain Stable
222 MCB Cash Management Optimizer Fund Money Market Fund Stability Rating 20-Feb-14 AA(f) Maintain Stable
223 MCB Islamic Income Fund Income Fund Stability Rating 20-Feb-14 AA-(f) Maintain Stable
224 Pakistan Income Enhancement Fund Income Fund Stability Rating 20-Feb-14 A+(f) Maintain Stable
225 Pakistan Income Fund Income Fund Stability Rating 20-Feb-14 A+(f) Maintain Stable
226 BMA Asset Management Company Limited Asset Management Asset Manager 13-Feb-14 AM3+ Maintain RW
227 JS Global Capital Limited Brokerage/Security Entity 11-Feb-14 AA A1+ Maintain Stable
228 Atlas Power Limited Energy Entity 24-Jan-14 A+ A1 Maintain Stable
229 Pakistan State Oil Company Limited Oil and Gas Entity 15-Jan-14 AA+ A1+ Maintain Positive
230 Dawood Islamic Fund Islamic Asset Allocation Performance Ranking 10-Jan-14 1-Star 1-STAR Suspended
231 First Dawood Mutual Fund Balanced Fund Performance Ranking 10-Jan-14 2-Star 2-STAR Suspended
232 Dawood Income Fund Income Fund Stability Rating 10-Jan-14 A+(f) Suspended Stable
233 Saif Power Limited Energy Entity 09-Jan-14 A+ A1 Maintain Stable
234 NIT Equity Market Opportunity Fund Equity Fund (Open-end) Performance Ranking 06-Dec-13 2-Star 2-STAR Declined
235 NIT State Enterprise Fund Equity Fund (Open-end) Performance Ranking 06-Dec-13 1-Star 1-STAR Declined
236 Islamabad Electric Supply Company Limited Energy Entity 19-Nov-13 A+ A1 Maintain Stable
237 Dawood Capital Management Limited Asset Management Asset Manager 26-Mar-13 AM3- Suspended Stable
238 Sapphire Electric Company Limited Energy Entity 30-Nov-12 A+ A1 Downgrade Stable