Is it considered usury for an uncle to lend 200,0 Egyptian pounds on condition that 2,0 Egyptian pounds be paid monthly as interest, in compensation for the interest on his bank certificate?

Scholars have unanimously agreed that every loan that draws a benefit is usury (riba). Therefore, a loan with interest is prohibited, because it is usury. Hence, it is not permissible to accept your uncle's loan with the condition of monthly interest. He should be advised to repent and dispose of the usurious interest by spending it on the poor and needy or on public welfare.