Ratings that Matter

Faheem Ahmad

Founder VIS Group

President & CEO

JCRVIS Credit Rating Company Limited


Chairman

Association of Credit Rating Agencies in Asia


President - Strategic

Planning and Global Relationships

Islamic International Rating Agency

Serving the Islamic Ummah

Islamic International Rating Agency, Bahrain

Founder Shareholder and Technical Partners

JCR-VIS Credit Rating Company


JCR-VIS assigns entity ratings to Shaheen Air International Limited JCR-VIS reaffirms IFS Rating of Jubilee Life Insurance Limited at AA+ JCR-VIS Assigns Final Rating to the PPTFC issue of NRSP Microfinance Bank Limited JCR-VIS Withdraws Management Quality Rating of PICIC Asset Management Company Limited JCR-VIS Withdraws Management Quality Rating and Fund Stability Ratings of AKD Investment Management Limited
Name Date Rating Type Long Term Short Term Outlook Action
Shaheen Air International Limited 9/23/2016
Entity
A-
   A-2
Stable
Initial
Jubilee Life Insurance Company Limited 9/23/2016
IFS
AA+
  
Stable
Reaffirmed
NRSP Micro Finance Bank Ltd 9/21/2016
TFC-1
A-
  
Stable
Final
PICIC Asset Management Company Limited 9/5/2016
Management Quality
  
Withdrawn
AKD Investment Management Limited 9/2/2016
Management Quality
  
Withdrawn
Pak Oman Asset Management Limited 9/2/2016
Management Quality
  
Withdrawn
Meezan Bank Limited 8/31/2016
Sukuk 1
AA-
  
Stable
Preliminary
Avari Hotels Limited 8/31/2016
BLR
A (blr)
  
Stable
Reaffirmed
Century Insurance Company Limited 8/23/2016
IFS
A+
  
Stable
Reaffirmed
Nishat Chunian Power Limited 8/4/2016
Entity
  
Withdrawn
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
UPDATES & ANALYTICS
JCR-VIS provides the latest data and insights on industrial sectors and other market perspectives which are fundamental to credit rating analysis. Follow these and updates on the criteria used by JCR-VIS to conduct its ratings.    

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.