Name Date Rating Type Long Term Short Term Outlook Action
Joyland Limited 2/19/2018 Entity A-    A-2 Stable Initial
Foundation Wind Energy - II (Pvt) Limited 2/16/2018 Entity A+    A-1 Stable Initial
Associated Technologies (Pvt) Limited 2/14/2018 Entity A-    A-2 Stable Initial
Treet Corporation Limited 2/8/2018 Sukuk 1 AA-    Stable Reaffirmed
Treet Corporation Limited 2/8/2018 PTC 1 AA    Stable Reaffirmed
Treet Corporation Limited 2/8/2018 Entity AA-    A-1 Stable Reaffirmed
Alpha Insurance Company Limited 1/31/2018 IFS A    Stable Reaffirmed
Sapphire Textile Mills Limited 1/30/2018 Entity A+    A-1 Positive Reaffirmed
Pak-Gulf Leasing Company Limited 1/30/2018 Entity A-    A-2 Stable Reaffirmed
Trust Modaraba 1/26/2018 Entity BBB-    A-3 Stable Maintained
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.