As Islam becomes an increasingly salient element of political life in various countries around the world, there is a growing need to make sense of the new forms and meanings Islam assumes in its various manifestations. It is obvious by now that complex mechanisms surrounding the politics of Islam cannot be adequately understood by the employment of such broad and overgeneralizing categories as “reactionism”, “fundamentalism” or “conservatism.” Political Islam, far from being a unified social movement with a coherent political aim, is a fragmented, multi-faceted phenomenon which cannot, therefore, be adequately understood through singular categories.