9 “Secular stagnation” and the “second machine age” The fact that development is a non-linear process is perceptible, among other things, in the lack of substantial productivity gains in the advanced countries consequent to the spread of the new information and communications technologies.
Under this system, not only the prevalence of re-distributive instruments such as zakat, waqf (endowment) and sadqaat (charity) can play vital role towards broad based development and poverty alleviation but characteristics like Page 4 of 6  equity financing can also lead to the same objective.