Business & Finance Print edition: 2025-10-16

PACRA upgrades PQAMC to AM2 with positive outlook

Published October 16, 2025 Updated October 16, 2025 06:21am

1 min

By Recorder Report

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KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC) has achieved an upgrade to AM2 with a positive outlook from Pakistan Credit Rating Agency (PACRA), a recognition earned through the company’s hard work, consistency, and unwavering commitment to excellence in Islamic fund management.

The upgrade reflects PQAMC’s strong governance framework, disciplined investment approach, and sustained growth momentum within Pakistan’s Islamic asset management sector.

This milestone underscores PQAMC’s exceptional performance and rapid expansion in Pakistan’s Islamic asset management landscape. During FY2025, the company achieved an impressive 117% year-on-year growth in Assets Under Management (AUMs), reaffirming its position as one of the fastest-growing Islamic asset management companies in the country. Its flagship Pak-Qatar Income Plan (PQMIP) has also delivered outstanding results, earning an upgrade from A+ to AA– by PACRA and recording dividends and annualized yields exceeding 20% in multiple months during FY2024–25.

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