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.