Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the AKD Islamic Income Fund (AKDISIF), which is recognized for its low-risk profile and commitment to providing halal income through Shariah-compliant inv…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the AKD Cash Fund, citing its robust investment in highly secure, short-term debt instruments that ensure both liquidity and minimal exposure to credit and…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed its ratings for Muller and Phipps Pakistan Private Limited at ‘A+/A-1’ for long-term and short-term entity assessments respectively. The ratings reflect strong credit quality and liquidi…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Din Textile Mills Limited (DTML) at ‘A-‘ for the long term and ‘A2’ for the short term, reflecting a stable outlook. This decision comes as the company continues …
Karachi: The automotive industry in Pakistan is expected to see a 7% year-over-year increase in sales for the three major auto manufacturers in August 2024, totaling 6.9 thousand units. Despite the overall growth, Pak Suzuki Motor Company is anticipate…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Soorty Enterprises (Pvt) Limited at ‘AA-/A-1’, indicating high credit quality and strong liquidity, with a stable outlook. The long-term and short-term ratings reflect the…