Australia's first Islamic bank | $400M for green commodities | Spooky: Oil price drops

Islamic Bank Australia has become Australia’s first Sharia-law-compliant bank after the banking regulators granted the company a restricted banking licence.   Xpansiv - a half-Aussie global environmental commodities exchange - just received $400 million USD from one of the largest private equity firms in the world.   Oil prices have dropped below US$100 a barrel for the first time in nearly two months - as investors get a ‘lil spooked about the possibility of a recession.   ---   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   ---   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.