What is the ruling on buying shares in companies where the bank acts as an intermediary between them and the shareholder?

Question:
Honorable Shaykh! The questioner says: You mentioned, O Honorable Shaykh, that it is permissible to buy shares in some local companies, but the question is that these shares are not traded except through the bank, and it takes a certain percentage for buying or selling them, meaning it is like a broker between you and the company that owns the shares. What is the ruling on that?

Answer:
I did not issue a fatwa, nor did I say that it is permissible to buy shares in local companies in all cases. Rather, it is permissible to buy shares in established companies, manufacturing or agricultural companies, things that produce, things or the electricity company, things that produce crops and profits. It is permissible to buy shares from these because they are fixed and known shares, unless these companies deposit their balances in banks for investment or borrow with interest; that is forbidden and not permissible. As for if they are productive manufacturing companies and do not deal in riba (usury or interest), then it is permissible to buy shares in them. Yes.