Graeber also liked to point out that Shia Islam is quite anarchistic and anti-state authority.

And also that markets divorced from state power lacked a lot of the coercive power they have in the modern Anglo-European unity of state and capital.

After reading some of the comments I thought of looking up if Graeber had actually said this quote. It looks like he did. In an interview in 2012: David Graeber: Beholden | Rebecca Solnit and David Graeber on anarchism as a problem-solving tool, the return of debtors' prisons, and why communism is ingrained in capitalism. The full paragraph goes like that:

For example, the notion that anything that money touches, or that commerce touches, or that exchanges trade, is capitalism, and if you introduce any element of that into what might seem to be a non-capitalist situation, then suddenly that is part of capitalism. One of the things I discovered while writing this is that, to the contrary, markets and state power have always been deeply intertwined. And one of the facts that I discovered while researching, which I didn’t know at all before I started writing, is that free market ideology—does anyone know where it first comes from? It comes from medieval Islam, and specifically, Shari’a. Because Shari’a provided this commercial law that is independent from the state.

Point being?

Islam has mandatory wealth tax (zakat) that can only be given to the poor/needy. It also forbids neo-liberalization of commodities ie betting is not allowed, crypto is not allowed etc. anything that does not have a material being can not be sold or bought. Then there is stuff about forbidding interest on loan. Then stuff about poor people getting to paradise before rich which lead to early adopters donating almost all of their wealth.

None of this feels free-market-capitalisty.

i'd be surprised if graeber actually said this

islamophobia is cool again, i see