Australia's first Islamic bank | $400M for green commodities | Spooky: Oil price drops
Islamic Bank Australia has become Australia\u2019s first Sharia-law-compliant bank after the banking regulators granted the company a restricted banking licence.
\xa0
Xpansiv - a half-Aussie global environmental commodities exchange - just received $400 million USD from one of the largest private equity firms in the world.
\xa0
Oil prices have dropped below US$100 a barrel for the first time in nearly two months - as investors get a \u2018lil spooked about the possibility of a recession.
\xa0
---
\xa0
Build the financial health of your team at work with Flux at Work: https://bit.ly/fluxatwork
Download the free app (App Store): http://bit.ly/FluxAppStore
Download the free app (Google Play): http://bit.ly/FluxappGooglePlay
Daily newsletter: https://bit.ly/fluxnewsletter
Instagram: http://bit.ly/fluxinsta
TikTok: https://www.tiktok.com/@flux.finance
\xa0
---
\xa0
The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.
See omnystudio.com/listener for privacy information.