[apta]

Yes, and if you look up the opinion of present-day scholars, you'll find that many of them call said banks out on it (if it walks like a duck and quacks like a duck). While I'm not a scholar, I completely agree that it's jumping around the issue and it is almost certainly interest. It doesn't mean Islam allows it. This in my opinion, is a manifestation of what I mentioned how the West pushed their usurious banking system onto Islamic nations, and because many of those governments were installed by Western nations, now the people are having a difficult time breaking out of it.