Part 7 (AYAT-AL-KURSI)

The fourth sentence is لَهُ  مَا فِى ٱلسَّمَـٰوَٲتِ وَمَا فِى ٱلۡأَرۡضِ‌: "To him belongs what is in the heavens and what is in the earth". This verse means that everything on the earth and in the heavens is all owned by Allah Almighty. He is the authority, and may do whatever He wishes to with them.

The fifth sentence is مَن ذَا ٱلَّذِى يَشۡفَعُ عِندَهُ ۥۤ إِلَّا بِإِذۡنِهِ: "Who can intercede with Him without His permission?" 

This verse means that when Allah Almighty is the master-owner of the entire universe and there is no one above Him, then no one is entitled to question Him about anything He does. No one can raise any objection to whatever He orders. However, it was possible someone might be able to intercede with Him. In this verse it has been made clear that no one has the right to even speak in His presence without His permission. But there are servants of Allah Ta'alah who have received the favour of His approval and acceptance and who would be specially allowed to speak and intercede. It appears in Hadith that the Holy Prophet ﷺ: "On the day of resurrection, I shall be the first to intercede on behalf of all human communities." This is called al-Maqam al-Mahmud, the praised station, which is one of the distinctions of our noble Prophet ﷺ.

From Ma'ariful Quran, by Mufti Muhammad Shafi RE