In an effort to energize a lineup that has been outscored 11-5 in two straight losses, Rangers coach Alain Vigneault confirmed the decision after the morning skate Tuesday.
"He hasn't played a game yet so he'll be in the lineup and we'll use him on the power play and see what happens," Vigneault said.
Malone, 34, was signed by the Rangers as a free agent Sept. 11. He has 19 goals and 28 points in 44 career games against the Islanders.
"I'll just keep it simple and make good reads, throw the body around a little bit and do whatever it takes to win," Malone said. "Every time I go over the boards I want to create some chances, help the team in a positive way."