This article maps the emergent field of Islamophobia Studies through a discussion of recently published monographs, representing the broad spectrum of theoretical and analytical approaches to the phenomenon. Strengths and deficiencies in recent works of Nathan Lean, Deepa Kumar, Chris Allen, David Tyrer and Anne Norton are discussed. I argue that in different ways, a more thorough engagement with critical and Marxist theories of racism could contribute to a more accurate understanding of the phenomenon. This, however, is predicated on recognising and theorising Islamophobia as racism - albeit one 'without races' - and a discussion about its differences from and similarities to other kinds of racism.