Ratings that Matter

Faheem Ahmad

Founder VIS Group

President & CEO

VIS Credit Rating Company Limited


Ambassador For International Relations

Vice-Chairman (2019-)

Chairman (2013-2017)

Association of Credit Rating Agencies in Asia


President - Strategic

Planning and Global Relationships

Islamic International Rating Agency

Ratings of DWP Technologies (Pvt.) Limited placed on ‘Rating Watch-Negative’ status VIS Assigns Initial Entity Ratings to Nova Powergen Limited VIS assigns initial Entity Ratings to Shaheen Freight Services VIS Credit Rating Company assigns rating to proposed Islamic Commercial Paper of K-Electric Limited VIS Credit Rating Company Suspends Entity Ratings of Clover Pakistan Limited VIS maintains Ratings of Rural Community Development Programs with ‘Rating Watch-Negative’ status VIS reaffirms Entity Ratings of Ali Gohar & Company (Private) Limited VIS Reaffirms Entity Ratings of Gharo Solar Limited VIS revises Ratings of Digital World Pakistan (Pvt.) Limited VIS upgrades Entity Ratings of Novatex Limited

International Collaborations:    Japan Credit Rating Agency, Ltd   |    China Chengxin International Credit Rating Co., Ltd

Name Date Rating Type Long Term Short Term Outlook Action
Gharo Solar Ltd 8/11/2020 Entity A-    A-2 Stable Reaffirmed
Clover Pakistan Limited 8/10/2020 Entity    Suspended
K-Electric Limited 8/6/2020 CP-9    A-1+ Preliminary
Shaheen Freight Services 7/27/2020 Entity BBB+    A-2 Stable Initial
Rural Community Development Programs 7/16/2020 Entity BBB    A-3 Rating Watch - Negative Maintained
DWP Technologies (Pvt.) Limited 7/13/2020 Entity A-    A-2 Rating Watch - Negative Maintained
Digital World Pakistan Pvt. Limited 7/13/2020 Entity BBB+    A-2 Stable Downgrade
Nova Powergen Limited 7/10/2020 Entity AA    A-1+ Stable Initial
Novatex Limited 7/10/2020 Entity AA    A-1+ Stable Upgrade
Ali Gohar & Company Pvt. Ltd 7/8/2020 Entity A    A-2 Stable Reaffirmed
See All  

Informed Investment Decision Making Along CPEC