Financial Institutions

Modarabas

Name Date Rating Type Long Term Short Term Outlook Action
Allied Rental Modaraba 12/28/2015 Entity A+ A-1 Stable Reaffirmed
First National Bank Modaraba 5/3/2017 Entity BBB+ A-3 Rating Watch-Negative
First Paramount Modaraba 12/30/2016 Entity BBB A-3 Stable Maintained
Sindh Modaraba 1/16/2017 Entity A+ A-1 Stable Initial
Trust Modaraba 12/6/2016 Entity BBB- A-3 Positive Initial