I am complaining about some of the drastic measures that banks in the UAE take to recover their funds.
Noor Islamic bank is one example of extortionate behaviours that we can live without. I think they need to change their names, as what they are doing has nothing to do neither with Islam nor with being human. I would call them “murky Sprite Bank” and would encourage people to start re-naming the banks to names that represent evil, or devil or anything but light or Islam.

Of course you would like to know what happened. They took a close person to me to prison in the midst of negotiations for postponement of the mortgage repayment without any consideration to who the person is, his background, his ability to repay, his position or even being a father of three kids. This bank has no responsibility and no conscience, and in my opinion should not be open to the public and even offer any sort of help to grew.
Us the public are victims of bankers, we work hard to make do in our living, and the bankers are like a saw, they benefit if they are paying, and they benefit if we are paying. I think that the central bank should evaluate the behaviours of bank before they put the country in trouble. In USA if a person declares bankruptcy no one can touch him/her, he or she live as a happy man/woman, however in our part of the world, a person cannot even tell the banks that they are doing something wrong as they will straight away be able to hand over his/her collateral to the police, and put him in jail.

When is the third world going to change, when are we going to start respecting our people, and understanding that we are individuals with problems. I would agree with those who took a runner and left the country over night, as if they didn’t then they would be playing chess with my close person in jail as we speak.

I am only writing this letter to vent my frustration. And for help if you have any.

3 replies
  1. Anonymous
    Anonymous says:

    Yes UAE banks r so greedy with no limits. To make it worse UAE Central bank has no damn authority on any of them, I wonder why it was founded in the 1st place. Yet they still dare to request GSS Central Bank to be sited here get ur crap 2gether 1st. Don’t be silly enuf 2 fall for the So called “ISLAMIC” Banks I am certain if it was named a “Zionist” bank it would have been more merciful on us.
    I suffered a lot with DUBAI ISLAMIC BANK or as I call it bank dubai alharmi. When the bubble was still expanding before the financial crisis hits hard we got nothing from their huge earning profits. Now that its shacking to its damn foundations, we are being charged for every silly thing. After more than three years of good history with them, they still refuse to grant checks so I can use them to rent me a place to live in. To make it worse one day their “ISLAMIC” credit card dept called twice to talk me into their propaganda when I said now deliberately to see if they we r welling to stand up for me. Their evil mask fell with the first hit when I told them that I am not working even thought I get a monthly salary. The 2nd time they called me I was yelling & calling them names ” I told them to shove their offer & get their shit together before calling me again they we so scared & promised not to call me again. Can u believe it I had to make a request stating above my good history with them I am a officially disabled guy & supported that with documents to also ensure them I am not here to party wildly in Atlantis or anywhere else not only because I can’t afford it also because my health can’t stand up to it.
    When so many of us were complaining of the greedy bank our diplomatic authority called the bank CEO & told him “if u don’t stop charging our students we will with draw our multimillion dollar accounts & seek a more appreciating banking for our staff & citizens”. They responded with a promise to return everything they charged use from October 2009 till this day we have not received anything.
    I gave up long time ago I opened an account in Emiritis NBD & transferred my salary to it.
    Downunder I was making money from my credit card with their 50 days free of interest transactions beside a huge cash back rewards. I ended transferring all my salary to the credit card plus they limit i was giving. Man those were the dedicated band to their customers satisfactory.

    I am sorry to say this but honestly & with all I do respect to both UAE ppl & authority this country’s financial policy is more worse & awful than their drainage system in shargah & ajman. Why do I have pay two dirham charges if I used the ATM machine next my bank’s ATM if the latter is down. If John Smith was reborn again he would choose to be a proud Dubian UAE citizen. These Idiots have simply lived up to greed pure capitalism & more.
    At last excuse my words nonetheless it barely fits this greedy capitalize institutes & it really hurts when its down behind our name (Islamic) or (National) as our name is never been stigmatized with such propaganda.

    CHE

    Reply
  2. Anonymous
    Anonymous says:

    Yes indeed UAE banks r so greedy with no limits. To make it worse UAE Central bank has no damn authority on any of them, I wonder why it was founded in the 1st place. Yet they still dare to request GCC Central Bank to be sited here & get mad when voted to be in KSA, get ur crap 2gether 1st b4 u try 2 act big. The worse when u turned out 2 b silly enuf 2 fall for the So called “ISLAMIC” Banks & their traps. I am certain if it was named a “Zionist” bank it would have been more merciful on us.

    Here is my experience I suffered a lot with DUBAI ISLAMIC BANK or as I call it bank dubai alharmi riming with its Arabic namy dubai islami. When the financial advancement bubble was still expanding before the financial crisis hits hard we got nothing from their huge dially earning profits. Now that it’s shacking to its damn foundations, we are being charged for every silly thing. After more than three years of good history with them, they still refuse to grant me checks so I can use them to rent me a place to live in without paying a full year rent in advance. To make me more frustrated & angry with them, one day their “ISLAMIC” credit card dept called twice to talk me into their trap & when I agreed deliberately to see if they were welling to stand up for me. Their evil mask fell with the first hit as they come to know that though I am not working I still get a monthly salary. The 2nd time they called me I was yelling & calling them names, vivadly I told them “To shove their offer & get their shit together before calling me again, they we so scared & promised not to call me again. In the checkbook matter do u believe that I had to make an official written request stating beside my good history with them I am a officially disabled guy & supported that with gov documents to also ensure them I am not here to party wildly in Atlantis or anywhere else not only because I can’t afford it also because my health can’t stand up to it.
    When so many of us (student) were complaining of this greedy bank our diplomatic authority called the bank CEO & brought him to the consulate & warned him “if u don’t stop charging our students on monthly basis for opening an account service in ur bank we will withdraw our multimillion dollar accounts & seek a more appreciating banking for our staff & citizens”. They responded with a promise to return everything they charged use from October 2009 till this day we have not received anything.
    I gave up long time ago, I opened an account in Emiritis NBD & transferred my salary to it free of charge besides a debt visa free of cost.
    My experience with banks downunder was very delightful. I swear I was making money from my credit card with their 50 days free of interest transactions conjugated with a huge annual cash back rewards. I ended transferring all my salary to the credit card plus the limit i was giving. Man those were the dedicated banks to their own words & their customers satisfactory.

    In a nutshell, I am sorry to say this but honestly & with all I do respect to both UAE ppl & authority this country’s financial policy is more worse & awful than their drainage system in Sharjah & Ajman. Why do I have pay two dirham charges if I used the ATM machine next my bank’s ATM if the latter is down even if it was not with every transaction thats a total rube off. If John Smith was reborn again he would choose to be a proud Dubian UAE citizen. These Idiots have simply lived up to greed pure capitalism & more.
    At last excuse my words, nonetheless, it barely fits this greedy capitalize institutes & it really hurts when its down behind our name (Islamic) or (National) as our name is never been stigmatized with such propaganda.

    CHE

    Reply

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