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Originally Posted by Malaikah  In Islam both usury and interest are forbidden. I've never heard of a difference of opinion of the scholars on this. |
Here's a terrific article on the problem (presents both sides well, i believe). It appears the dilemma has been discussed by scholars since the beginning.
http://www.mostmerciful.com/riba.htm
Basically, it's not set in stone and open to interpretation.