I can't speak for Bro. Maloney, but do I respect Islam as a Faith? As a follower of Christianity, no, as I believe Islam is a false teaching and conflicts with my beliefs.
That being said, I respect a Brother for choosing his own path to God, even if that includes following Islam, and I would never expect a Muslim Brother to put Christianity on the same level of his Faith either. We are who we are.
A couple of years ago, there was a debate regarding a proposed GL Law that would ONLY permit the Holy Bible on the Altar. Now put yourself in my shoes; I'm a Junior Warden in a rural Lodge in deep south Texas, comprised of 99% Christians, but I stood up and said that it was bullcrap. I argued that a Masonic Lodge isn't a Christian Lodge nor a Muslim Lodge but a MASONIC LODGE where Brethren of all Faiths can come together. A Past Master of my Lodge, who was a staunch supporter stood up and gave his .02. A week later I attended another Lodge that he was a member of, and of course I stood up and gave the same argument. After a few seconds, he stood up and said that he had changed his mind and agreed with Blake.
Just because we're Masons, doesn't mean we have to blindly agree with every life decision or Religion a Brother chooses to follow, just that we respect each other and be willing to meet upon the Level as equals. At least that's how I look at it....