We should fear the Islamists being as antisemitic as the Nazis.

Yes.

Who exactly fears rising Islamophobia?

Muslims that are not Islamists. And honestly everyone that likes a free society should fear rising hate against groups of people.

How about having people on the train and in restaurants demand you to stand up and make space for them to sit?

How about school children in a holiday camp having to flee under police protection in the middle of the night because the local nazi youth tried to raid their camp?

How about terrorists murdering them openly in the street?

How about having your right to demonstrate be taken away and you being threatend with deportation if you voice your opinion publicly. Especially with deportation to countries like Syria where as a refugee who fled to Europe you can expect to be tortured, murdered and dissappeared.

All of these are the reality muslim people in countries like Germany, or people who are deemed to be muslims, which also affects arabic or arabic looking jews.

The people most happy right now are the local Nazis, who would murder both muslims and jews if they could and are happy to fuel the fire.

So in propping up the islamophobia and peddling to both the Nazis and to Israel in fear of being considered antisemitic, the politics in Germany and similiar countries are also propping up antisemitism.

EDIT: Holy hell i didn't expect there so many people having a problem with facing the real racism in the countries they live in. No wonder fascism is on the rise as the rest looks away. On the receiving end of this will be all minorities, doesn't matter if jewish, muslim, LGBT, disabled or anything else people might take as a "reason" to discriminate against them.