Italy has shown growing interest in Islamic finance over time, from initial conferences in the 1990s to domestic banks now offering services for Muslim migrants. ASSAIF developed Italy's first sharia-compliant financing products, completing murabaha transactions in late 2006. There is large unmet demand among Muslim migrants for halal home financing, with over 100,000 existing migrant mortgages worth billions of euros. ASSAIF aims to develop more Islamic financing options to tap into this pent-up demand and opportunities for foreign investment from Islamic countries.