How Far Does Religious Toleration Extend?

Suppose that there were a religion whose aim was to dominate the world and suppress every other religion.  Would we who value toleration be under any obligation to tolerate such a religion?  Of course not.  Toleration does not extend to the toleration of the intolerant.  Is there such a religion?  According to Farhad Khosrokhavar, Inside Jihadism: Understanding Jihadi Movements Worldwide (Paradigm 2009, p. 22):

In the twentieth century, one of the first to insist that Islam entails its imposition on humanity was Seyed Qutb, one of the modern forefathers of Jihadism . . . . He stated that Islam summons to worship no one else but Allah . . . . This implies the relentless fight against all idols until Allah's reign is set up on earth [ . . .]

The war on idolatry (taqut) is, in his interpretation, the most important part of Islam, taking precedence over the other principles. From this view, all of modernity is based on the worship of idols and, therefore, illegitimate, necessitating that Jihad wipe out its idolatrous tendencies. 

Jihad is not one of the five pillars of Islam.  But recent jihadists interpret the first pillar in a manner to require jihad.  "For them [recent jihadist intellectuals] the first Islamic pillar, the Unity of Allah (Tawhid) makes it compulsory for Muslims to wage the Jihad against infidels." (p. 21) 

I will be told that not all who identify as Muslims take this radical view.  True, but they are not the problem.  The Jihadists are the problem.  And we have reason to think that they represent the essence of Islam with the so-called 'moderates' being simply those who do not take the core message with full seriousness.  To the extent that Islam takes on Jihadist contours, to the extent that Islam entails its imposition on humanity, it cannot and ought not be tolerated by the West.  Indeed, no religion that attempts to suppress other religions can or ought to be  tolerated, including Christianity.  We in the West do, or at least should, believe that competition among religions in a free marketplace of ideas is a good thing. 

My own view is that no extant religion can legitimately claim to be the true religion; the true religion  has yet to be worked out.  In pursuit of that goal we need to make use of all available materials from all the best traditions.  Perhaps even Islam, as crude as it is, has something to teach us.