Name Date Rating Type Long Term Short Term Outlook Action
Union Fabrics (Pvt) Ltd 11/21/2017 Entity A-    A-2 Stable Initial
Faysal Islamic Savings Growth Fund 11/21/2017 Fund Stability A+(f)    Upgrade
Adam Securities Limited 11/21/2017 BMR BMR3++    Stable Initial
Quaid-e-Azam Solar Power (Pvt.) Limited 11/17/2017 Entity AA-    A-1 Rating Watch - Developing Maintained
Century Insurance Company Limited 11/15/2017 IFS A+    Stable Reaffirmed
Sitara Chemical Industries Limited 11/14/2017 Entity A+    A-1 Positive Maintained
Bank Alfalah Ltd. 11/8/2017 TFC-1 AA-    Stable Preliminary
Topline Securities Limited (Formerly Topline Securities Pvt. Limited) 11/7/2017 BMR BMR2    Stable Initial
Ali Gohar & Company Pvt. Ltd 11/7/2017 Entity A    A-2 Stable Reaffirmed
RFJ Equity (Pvt.) Limited 11/2/2017 Entity    Suspended
Rating Process
In order to provide independent evaluations of their credit-worthiness or the credit risk of their debt issue, an entity may choose to have a credit rating assigned to themselves. A step-by-step process is followed to fully assess the issuer’s credit quality and arrive at a rating.Read More
Understanding Ratings
A credit rating is an assessment of the ability and willingness of an entity to fulfill its financial commitments. It is a measure of the credit worthiness of an issuer and can be used by investors to help make investment decisions when comparing different issuers and debt issues.