Examining the phenomenon of globalization and efforts to explain the phenomenon, this article addresses challenges and opportunities faced with by political Islam in the new circumstances. The author considers discourse analysis as the suitable approach to this study. On this basis, he believes that instead of construing globalization as a single discourse, the image of globalization as the new situation of discourse struggle enjoys further ability for explanation. From this point of view, what becomes global is the struggle of discourses, thus discourses seek to give meaning to globalization and understand it according to its classification so that it becomes the dominant discourse. In this regard, political Islam can be also viewed as a discourse whose central claim is to revive Islamic identity in the area of political practice. Hence in the atmosphere of globalization, political Islam can act as the supreme guide and ultimate word by calling for an identity based upon centrality of Islam vis-à-vis other identities like Western modernism. Indeed, because of its concentration on material-spiritual life and weakening of spiritual aspects of human life, modernism suffers from the crisis of meaning and is threatened by loss of discursive dominance.
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