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

VIS Maintains Ratings of International Industries Limited VIS Maintains Ratings of International Steels Limited VIS Reaffirms Entity and Sukuk Ratings of Aspin Pharma (Private) Limited VIS Reaffirms IFS Rating of Alpha Insurance Company Limited VIS Reaffirms Ratings of FFBL Power Company Limited VIS Reaffirms Ratings of Madina Sugar Mills Limited VIS Upgrades Fund Stability Rating of Al-Ameen Islamic Aggressive Income Fund VIS Upgrades Fund Stability Rating of UBL Income Opportunity Fund VIS Withdraws Entity Ratings of Avanceon 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
Madina Sugar Mills Limited 10/22/2020 Entity A-    A-2 Stable Reaffirmed
Avanceon Limited 10/21/2020 Entity    Withdrawn
FFBL Power Company Ltd 10/20/2020 Entity AA-    A-1 Stable Reaffirmed
International Industries Limited 10/20/2020 Entity AA-    A-1 Rating Watch - Negative Maintained
International Steels Limited 10/20/2020 Entity A+    A-1 Rating Watch - Negative Maintained
Alpha Insurance Company Limited 10/20/2020 IFS A    Negative Reaffirmed
Aspin Pharma (Private) Limited 10/19/2020 Sukuk 1 A    Stable Reaffirmed
Aspin Pharma (Private) Limited 10/19/2020 Entity A    A-2 Stable Reaffirmed
Al Ameen Islamic Aggressive Income Fund 10/16/2020 Fund Stability A(f)    Stable Upgrade
UBL Income Opportunity Fund 10/16/2020 Fund Stability A(f)    Stable Upgrade
See All  

Informed Investment Decision Making Along CPEC