Can you back this up? Because every single source I've gone to since you wrote this has agreed that "Islamophobia" refers to (or at least includes) discrimination against Muslims because of their religion (just like anti-semitism). Discrimination against Muslims due to their faith is certainly very real and has been a problem in the US (where I live) since 9/11.
Yes, sadly much of the media has been duped into using this term and blurring the lines between discrimination and criticism. Islamists want this distinction blurred. They want blasphemy laws on a worldwide basis.
If we want to have a serious conversation, we need to keep discrimination separate from criticism don't you think?