What is the meaning of the phrase "La ilaha illa Allah"?

The Shaykh : As for the meaning of "La ilaha illa Allah," it is that there is no deity worthy of worship, meaning there is no one worshipped in the universe except Allah. No, there is no one worshipped with truth in the universe or in existence except Allah. If you say "there is no deity," you are speaking contrary to reality, because there are many things being worshipped. If you say "there is no deity except Allah," you are speaking contrary to reality, because there are things being worshipped besides Allah or along with Allah. Therefore, it is necessary to add the phrase "with truth": there is no one worshipped with truth in existence except Allah. He is the one and only deity worshipped with truth, while the other objects of worship are worshipped, but with falsehood. Yes, this is the meaning of this beautiful phrase in brief.
The ignorant, even among the most distinguished scholars, assume that the meaning of "La ilaha illa Allah" is: there is no Lord except Allah, no Creator except Allah, no Provider except Allah. This is an incorrect interpretation, or more precisely, an incomplete interpretation. What does "incomplete" mean? It means it did not convey the full meaning of the sentence. "There is no Lord except Allah" is correct, "there is no Provider except Allah" is correct, and so on, but that is not the intended meaning of "La ilaha." Because "Ilah" means the one who is worshipped and to whom one submits. As for "there is no Lord...," we believe that there is no Lord except Allah, but whom did you worship? If you worshipped Him alone with no partner, then you have made Him the sole deity, and this is the meaning of "La ilaha illa Allah." But if you worshipped others along with Him, how does one worship others? ... All the polytheists used to worship others; even today they worship not only humans and the awliya (close friends of Allah), but also cows. So if you worship others, you will not believe in "La ilaha," meaning: in the correct meaning of this beautiful phrase. Those who call upon the awliya and the righteous never understand the correct meaning of "La ilaha illa Allah," because there is no one worshipped with truth. So the one who says, "O Baaz, save me," does not know that this poor man has worshipped him, because he called upon him. And he (peace and blessings be upon him) said: ... He is either naive or ignorant ... This is a concise statement.
Yes.