Islamabad: The Pakistan Credit Rating Agency Limited (ACRA) has once again affirmed the AA-(f) stability rating for the Faysal Savings Growth Fund, maintaining a stable outlook despite significant investor concentration and ongoing credit risks. The fu…
Islamabad: The Faysal Halal Amdani Fund, known for its low-risk investment approach, has successfully retained its AA(f) stability rating from The Pakistan Credit Rating Agency Limited (PACRA), maintaining a stable outlook. The fund continues to delive…
Karachi: The VIS Credit Rating Company Limited (VIS) has reaffirmed the ‘AA-‘ rating for the Sukuk issued by Javedan Corporation Limited (JCL), indicating high credit quality with strong protection factors, although subject to modest risks influenced b…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Javedan Corporation Limited (JCL) at ‘A+/A-1’ for medium to long-term and short-term obligations, respectively. This rating reflects JCL’s good credit quality and strong re…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Sapphire Textile Mills Limited at ‘A+/A-1’, indicating good credit quality with strong liquidity factors and a stable outlook. The long-term rating reflects an adequate pro…
Karachi: The auto industry is poised for a significant recovery in September 2024, with sales volumes of the top three major companies expected to hit around 10,000 units. This marks an increase of 45% month-over-month and 40% year-over-year, registeri…