List of Practicing Firms having Satisfactory QCR Rating

(As on March 14, 2022)

Based on our review, nothing has come to our attention that causes us to believe that these firms have not carried out the audit of
their clients in accordance with the International Standards on Auditing as adopted in Pakistan.

This opinion has been expressed for the limited purpose of communicating our understanding of the adherence to the professional
standards by these firms in conducting the audit of their clients. This does not in any way absolve or reduce the professional
responsibility of these firms in expressing their audit opinion on the financial statements of audit clients.

Where the QCR validity of firm has expired, the QCR rating of the firm remains valid as the QCR renewal is in process.
Date of QCR rating Number of
assignment of valid till PICs audit
Sr. No. Name of the firm satisfactory engagements
QCR rating selected for
QCR
1. A A Baig & Co. 7-Jul-20 7-Jul-22
2. A. Aziz Chaudhury & Co. 29-Nov-19 29-Nov-22
3. A. D. Akhawala & Co. 2-Jul-19 2-Jul-22
4. A. F. Ferguson & Co. 2-Oct-19 2-Oct-21 19
5. A. M. Laliwala & Co. 18-Jan-22 18-Jan-23
6. A. Shahbaz & Co. 5-Mar-20 5-Mar-23
7. A.H.W. & Co. 23-Jul-18 23-Jul-21
8. Aamir Salman Rizwan 31-Oct-18 31-Oct-21
9. Abdan & Co. 11-Dec-19 11-Dec-20 1
10. Abdul Khaliq & Co. 11-Sep-20 11-Sep-21
11. Ahmed Mushir & Salariya 13-Aug-20 13-Aug-23
12. *Akhter Mahmood Mian 26-Feb-19 31-Dec-19 2
13. Alam & Aulakh (Formerly Aqeel Alam & Company) 7-Aug-19 7-Aug-20
14. Ale Imran & Co. 19-Oct-20 19-Oct-22
15. Ali Akhtar Adnan 2-Mar-20 2-Mar-21
16. Amin & Co. 29-Aug-17 29-Aug-20
17. Amin Mudassar & Co. 27-Dec-18 27-Jun-21 1
18. Amir Alam Khan & Co. 30-May-18 30-May-21
19. Arshad Raheem & Co. 7-Jul-20 7-Jul-22 1
20. Aslam Malik & Co. 29-Nov-19 29-Nov-20 2
21. Ather, Rasool, Imran & Co. 22-Sep-17 22-Sep-20 1
22. Azhar Zafar & Co. 3-Oct-18 3-Apr-21 1
23. Baker Tilly Mehmood Idrees Qamar 10-Feb-20 10-Feb-21 7
24. BDO Ebrahim & Co. 29-Nov-19 29-Nov-21 6
25. Clarkson Hyde Saud Ansari 31-Dec-19 31-Dec-21
26. Crowe Hussain Chaudhury & Co. (Formerly Horwath Hussain Chaudhury & Co) 19-Jul-21 19-Jul-22 7
27. Daudally Lalani & Co. 26-Dec-19 26-Dec-22
28. EY Ford Rhodes 28-Aug-19 28-Aug-21 15
29. F. R. Merchant & Co. 21-May-20 21-May-23
30. Faisal Iqbal Khawaja 26-Feb-19 26-Feb-22
31. Faiz & Co. 14-Mar-22 14-Mar-23
32. Faruq Ali & Co. 27-Sep-21 27-Sep-23 1
33. Fazal Mahmood & Co. 28-Feb-20 28-Feb-22 1
34. Feroze Sharif Tariq & Co. 12-Sep-19 12-Sep-21 3
35. Ghazi & Co. 16-Nov-20 16-Nov-23
36. Grant Thornton Anjum Rahman 12-Feb-20 12-Feb-22 6
37. Gul Ahmed & Co. 28-Feb-20 28-Feb-23
38. H. Y. K. & Co. 28-Sep-18 28-Mar-21 2
39. H.A.M.D. & Co. 7-Dec-21 7-Dec-22 1
40. Hameed Zahid & Co. 6-Nov-19 6-Nov-20
41. Hashmi & Co. 9-Oct-20 9-Oct-23
42. Hassan Farooq & Co. 15-Oct-20 15-Oct-22 1
43. HLB Ijaz Tabussum & Co. 12-Jan-21 12-Jan-22 3
44. Ibrahim, Shaikh & Co. 21-Sep-17 21-Mar-20
45. IECnet S.K.S.S.S 26-Sep-17 26-Mar-20 1
46. Ilyas Saeed & Co. 11-Feb-21 11-Feb-22 3
47. Iqbal Yasir & Company 26-Nov-19 26-Nov-22
48. Izhar & Co. 15-Jan-20 15-Jan-21 1
49. J.A.S.B. & Associates 24-Nov-17 24-May-20
50. Jalis Ahmad & Co. 6-Mar-19 6-Sep-21
51. Javaid Jalal Amjad & Co. 12-Feb-20 12-Feb-22 2
52. Javed & Co. 7-Mar-19 7-Mar-22
53. Junaidy Shoaib Asad 18-Oct-19 18-Oct-21 3
54. Kamran & Co. 11-Nov-19 11-Nov-21 1
55. Khalid Majid Rehman 11-Jul-19 11-Jul-21
56. KPMG Taseer Hadi & Co. 10-Jul-19 10-Jul-21 16
57. Kreston Hyder Bhimji & Co. 23-Jul-19 23-Jul-21 4
58. M. A. Chaudhari & Co. 27-Dec-17 27-Dec-20

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 Date of QCR rating Number of
assignment of valid till PICs audit
Sr. No. Name of the firm satisfactory engagements
QCR rating selected for
QCR
59. M. Almas & Co. 25-Nov-19 25-Nov-21 1
60. M. Saleem Associates 7-Jan-20 7-Jan-23
61. Mahboob Sheikh & Co. 2-Apr-18 2-Apr-21
62. Malik & Co. 22-Aug-19 22-Aug-20
63. Malik Haroon Shahid Safder & Co (Formerly Maqbool Haroon Shahid Safdar & Co) 30-Dec-19 30-Dec-21
64. Masoom Akhtar & Co. 20-Dec-19 20-Dec-22
65. MAZARS M.F. & Co. 31-Oct-18 31-Oct-21
66. Mian Saleem & Co. 9-Apr-21 9-Apr-23 1
67. Mohsin & Co. 28-May-20 28-May-23
68. Moore Shekha Mufti (Formerly Shekha & Mufti) 24-Jan-22 24-Jan-23
69. Muhammad Ali Hussain & Co. 14-Jan-21 14-Jan-22
70. Munaf Yusuf & Co. 11-Oct-19 11-Oct-22
71. Muniff Ziauddin & Co. 19-Apr-21 19-Apr-22 4
72. Mushtaq & Co. 13-Sep-19 13-Sep-20 3
73. Nadeem Safdar & Co. 9-Aug-19 9-Aug-20
74. Nasir Jamil & Co. 21-Jan-21 21-Jan-22
75. Nasir Javaid Maqsood Imran 6-Nov-17 6-May-20 6
76. Nauman Javed Hasnain Rashid (Formelrly Javed Hasnain Rashid) 25-Sep-17 25-Sep-20
77. Naveed Mukhtar & Co. 28-Jan-22 28-Jan-23
78. Naveed Zafar Ashfaq Jaffery & Co. 10-Nov-17 10-May-20 3
79. Nazir Chaudhri & Co. 30-Aug-17 29-Feb-20 2
80. Omer Adil & Co. 17-Jul-19 17-Jul-22
81. Parker Russell-A. J. S. 6-Feb-18 6-Aug-20 4
82. PKF F.R.A.N.T.S. 4-Dec-18 4-Jun-21 4
83. Qadeer & Co. 21-Oct-19 31-Oct-20 1
84. Qavi & Co. 15-Oct-20 15-Oct-21 2
85. Rafaqat Babar & Co. 23-Oct-20 23-Oct-22 1
86. Rafaqat Mansha Mohsin Dossani Masoom & Co. 19-Jul-19 19-Jul-20 1
87. Rafqat Hussain & Co. 1-Jan-20 1-Jan-21
88. Rahman Sarfaraz Rahim Iqbal Rafiq 27-Nov-17 27-May-20 6
89. Rao & Company 27-Dec-19 27-Dec-22
90. Reanda Haroon Zakaria & Co. 10-Feb-20 10-Feb-22 7
91. Riaz & Co. 10-Mar-22 10-Mar-23
92. Riaz Ahmad & Co. 17-Jul-19 17-Jul-21 8
93. Riaz Ahmad Saqib Gohar & Co. 27-Dec-17 27-Jun-20 1
94. Rizwan & Co. 26-Dec-19 26-Dec-21 2
95. Rizwani Imtiaz & Co. 7-Jan-20 7-Jan-23
96. RSM Avais Hyder Liaquat Nauman 14-Mar-19 14-Sep-21 7
97. S.M. Rehan & Co 7-Jan-20 7-Jan-23
98. S. M. Suhail & Co. 9-Apr-21 9-Apr-22 2
99. S. Zafar Shah & Co. 29-May-18 29-May-21
100. Saeed Ul Hassan & Co. 2-Apr-18 2-Apr-21
101. Sarwar Awan & Co. 27-Dec-18 27-Dec-21
102. Sheikh & Chaudhri 20-Oct-20 20-Oct-22
103. ShineWing Hameed Chaudhri & Co. 11-Nov-19 11-Nov-21 5
104. Suriya Nauman Rehan & Co. 3-Apr-18 3-Oct-20 1
105. Tahir Siddiqi & Co. 26-Jan-21 26-Jan-22 2
106. Tanwir Arif & Co. 20-Nov-19 20-Nov-20 3
107. Tanzeem & Co. 21-Apr-17 21-Oct-19 1
108. Tariq Abdul Ghani Maqbool & Co. 17-Jul-19 17-Jul-21 4
109. UHY Hassan Naeem & Co. 19-Jul-19 19-Jul-21 2
110. Usmani & Co. 24-Sep-20 24-Sep-23
111. Uzair Hammad Faisal & Co. 22-Jul-19 22-Jul-22
112. Viqar A. Khan & Co. 9-Mar-22 9-Mar-23
113. Yaqub & Co. 21-Mar-19 21-Sep-21 1
114. Yousuf Adil (Formerly Deloitte Yousuf Adil) 3-Feb-20 3-Feb-22 9
115. Yusaf Saeed & Co. 26-Sep-17 26-Sep-20
116. Zaheer Babar & Co. 25-Sep-17 25-Sep-20
117. Zahid Jamil & Co. 18-Oct-19 18-Oct-21 1
118. Zahid Ali Faisal & Co. (Formerly Zahid Noor & Co.) 18-Jan-22 18-Jan-23
119. Zakaria Loya & Co. 19-Dec-19 19-Dec-22
120. Zulfiqar Ahmad & Co. 23-Aug-17 23-Aug-20
*The firm has filed a civil suit against the QAB and has obtained a stay order, due to which further procedures / actions relating to QCR
could not be conducted.

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