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1.
An English soccer fan that does the following: drinks large amounts of beer, gets in fights with other fans, and in general is completely out of control. They are often arrested, beated by police in riot gear, sprayed with pepper spray, set cars on fire, and sometimes get sprayed with water canons.
When they won the game, the island monkeys started setting cars on fire in the parking lot and had be sprayed with water canons by the police.
by Glenden June 13, 2010
 
2.
A Racial Slur Against Puerto Ricans.
Carlita - you aint nothin but a jungle baby

Tyrone - fuck you, you Island Monkey.
by Jay'Ron November 14, 2007