As Europe goes astray, deeply conflicted about where it is both within and with the world, it does not know what it wants to know about, or do, with the racial subject. It is into this context of anxiety, and the Muslim subject as its most intense source, that I write Islamophobia. Islamophobia represents not merely a species of the racism constitutive of European modernity, but is rather symptomatic of deep contemporary transformations in (racist) power, knowledge and governance, propelled by technologies and economies of seemingly endless wars on/of terror. The Muslim, who is at once the terrifying object and dehumanised subject of race, is called to answer for Europe's existential fear of relegation. But who, or rather what is s/he? How might the Muslim speak about the world, its past and unfolding terror(s)? Which questions must s/he answer, and which answers are deemed acceptable? Presenting a speculative theory of the (post)racial subject of Islamophobia, this book is an attempt to build an adequate vocabulary for analysing the complexities of racism today, its potential futurity, and (Muslim) techniques for its dismantling.