From Wiktionary, the free dictionary
From London + -i- + -stan.
Londonistan
- (informal, derogatory, ethnic slur) London, perceived as having been culturally conquered by Muslims.
2017 April 6, Leela Jacinto, “Is Londonistan calling jihadists back to the fold?”, in France 24[1]:The term “Londonistan” apparently originated with a sarcastic remark by a French intelligence officer frustrated by Britain’s failure to crack down on radical Islamists in their midst.