The word is used in some policy circles as a descriptive term. See, for instance, Ken Booth and Timothy Dunne, Worlds in Collision (Basingstoke: Palgrave Macmillan, 2002), pp. 32ff. or Kendall Gott and Michael Brooks, Warfare in the Age of Non-State Actors (Fort Leavenworth: Combat Studies Institute Press, US Army Combined Arms Center, 2007), pp. 59ff., 85, etc.
I think it is unnecessary (and perhaps a little political) to put "pejorative" next to the word when the usage notes below has: "This term is politically highly charged, sometimes considered propaganda." "Fascism" itself can be used as a pejorative but it is not necessarily always a pejorative term, same goes, I believe, here. See also the wikipedia:Islamofascism article, where some people claim the term is a valid one.
Tuckerresearch 21:12, 11 September 2009 (UTC)