Unfortunately, I would expect that many of the ultra-conservative Islamic movements like Wahhabism, IS and Al Qaeda would claim that they ARE the reformation of Islam. Not that the Christian Reformation was a lot better. Calvin and Luther were very intolerant of other interpretations of Christianity. The Reformation also kicked off a series of religious wars. Syria and Iraq are serious conflicts but they pale in comparison to the carnage of the Thirty Years War.  In large swathes of Germany the population was cut in half.

If Islam is to go through a historical process from which the West has benefited I would prefer the Enlightenment.