This paper will propose to weed out the myths from the realities regarding the problems of jihadism with a view towards formulating new strategies against the threat. The paper first sets out to understand the phenomenon of Islamism, and to show how it has evolved into the more violent strain of jihadism and establish both as aberrations to Islam. It will also examine the use of force in Islam: Is it legitimate in Islam and under what conditions? The paper will establish that a root cause of Islamist terrorism is the current intellectual crisis in the Muslim world. In providing solutions, the paper will highlight the critical role of religious organisations and influential religious leaders in shaping global reconciliation. It will conclude that the jihadist threat is a highly complex and delicate one and concerted efforts on every front is vital.