Halal Tamweel provides extensive news and information coverage and Islamic Wealth Management consultancy to prospective and existing investors looking to manage wealth in a Shariah Compliant manner in Pakistan.
JCR revises stability rating of ABL Islamic Income Fund
1/12/2012 12:01:13 PM
KARACHI: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has revised the Fund Stability Rating of ABL Islamic Income Fund (formerly ABL Islamic Cash Fund) from ‘AA(f)’ (Double A (f)) to ‘A+(f)’ (Single A Plus(f)). The ‘Rating Watch - Developing’ status has been removed on finalization of investment policy.