The singer changed his name to Mikaeel in a ceremony at a friend's Los Angeles home just days before he is due in court.
Jackson, 50, is facing allegations of borrowing £4.7m ($7.3m) from Arab sheikh Abdulla Al-Khalifa and failing to repay the sum by recording two new albums, writing an autobiography and penning a musical.
The cash-strapped star - who was raised as a Jehovah's Witness - was convinced to turn to Islam by producer Phillip Bubal and songwriter David Wharnsby.
"They began talking to him about their beliefs and how they thought they had become better people after they converted," a source told Britain's The Sun newspaper.
Jackson, 50, is facing allegations of borrowing £4.7m ($7.3m) from Arab sheikh Abdulla Al-Khalifa and failing to repay the sum by recording two new albums, writing an autobiography and penning a musical.
The cash-strapped star - who was raised as a Jehovah's Witness - was convinced to turn to Islam by producer Phillip Bubal and songwriter David Wharnsby.
"They began talking to him about their beliefs and how they thought they had become better people after they converted," a source told Britain's The Sun newspaper.