Oil’s rally from a 12-year low has gone far enough to revive demand for Islamic bonds -- but not so far that frequent issuers aren’t still in need of funds.

The financier of a subway in Malaysia’s capital is seeking to tap the Islamic bond market for the second time this year after domestic borrowing costs fell to a three-year low.

KUALA LUMPUR: The financier of a subway in Malaysia’s capital is seeking to tap the Islamic bond market for the second time this year after domestic borrowing costs fell to a three-year low.

KUALA LUMPUR: The financier of a subway in Malaysia’s capital is seeking to tap the Islamic bond market for the second time this year after domestic borrowing costs fell to a three-year low.

The financier of a subway in Malaysia’s capital is seeking to tap the Islamic bond market for the second time this year after domestic borrowing costs fell to a three-year low.

DUBAI, Aug 28 (Reuters) - Following are major Islamic bond issues in the global pipeline. The Thomson Reuters Global Sukuk Index was last at 122.29605 points, up from 116.97354 at the end of last year. The Thomson Reuters Investment Grade Sukuk Index is at 121.31371 points against 115.21206 at end-2015.