Are the mark-ups on murabahah merely interest by a different name ?

Definition: Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. Markup is the difference between the cost of a good or service and its selling price. Markup can be expressed as a fixed amount or as a percentage of the total cost or selling price.

Difference between Mark-up & Interest

Mark-Up
Mark-up is added on the total cost incurred by the producer of good or service in order to create profit.
Mark-up is always backed by the sale of goods or services.

Interest
interest is the compensation paid by borrower for the borrowed money to the lender.
Interest may be calculated upon the value of money, not necessarily asset backed.

Any increase or decrease is not allowed on Mark-up once its fixed. Rebate or fine for early or late payment. According to Shariah Scholars Mark-up is permissible.

Rebate and fine is practiced on Interest.

Interest is not permissible.