Name Date Rating Type Long Term Short Term Outlook Action
ASA Pakistan Limited 6/23/2017 Entity BBB+    A-3 Stable Initial
Dawood Equities Limited 6/23/2017 Entity BB-    A-3 Stable Downgrade
Pak-Qatar Family Takaful Limited 6/23/2017 IFS A    Positive Maintained
House Building Finance Company Limited 6/23/2017 Entity A    A-1 Stable Upgrade
Samba Bank Limited 6/23/2017 Entity AA    A-1 Stable Reaffirmed
Meezan Bank Limited 6/22/2017 Entity AA    A-1+ Stable Reaffirmed
Meezan Bank Limited 6/22/2017 Sukuk 1 AA-    Stable Reaffirmed
Dubai Islamic Bank Pakistan Ltd 6/22/2017 Sukuk 1 A+    Stable Preliminary
Zarai Taraqiati Bank Limited 6/20/2017 Govt. Guaranteed Obligations AAA    A-1+ Stable Reaffirmed
Zarai Taraqiati Bank Limited 6/20/2017 Entity AAA    A-1+ Stable Reaffirmed
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.