What is the meaning of this dhikr (Hasbunallahu wa ni'ma al-wakil)?

Question:
He says: Honorable Shaykh, may Allah grant you success, we always recite this dhikr, which is "Hasbunallahu wa ni'ma al-wakil." What is the full meaning of this supplication so that we may reflect upon it? May Allah grant you success.

Answer:
"Hasbunallahu" means "Allah is sufficient for us." Al-Hasb is sufficiency. So Allah is sufficient for the one who says, "Allah is my sufficient one." Allah is , meaning He is sufficient. And "ni'ma al-wakil" means the One to whom the affairs of creation are entrusted. The affairs of creation are entrusted to Allah (Exalted and Majestic is He); He is the One who takes charge of them. This is entrusting matters to Allah (Mighty and Majestic) and relying upon Him.