AL-HAKEEM-The All-Wise The Wise One

The One Whose wisdom is perfect, free from any error or misunderstanding. His divine will is executed with His divine wisdom, which means He does everything in the most appropriate way in the best place and time. The One who is correct in His doings.
Allah, Exalted be He, says, “And He is the All-Mighty, the All-Wise.” (Surat Ibraaheem, 14:4)
He has supreme wisdom in everything, in whatever He has decreed, in His legislation and reward and punishment on the Day of Judgement. He also has supreme wisdom in everything, in creation and the command. He never creates anything in vain, nor does He legislate or judge in vain. He does things in His absolute wisdom.
The Arabic word hikmah (wisdom) denotes putting things where they belong.

Benefits of belief in this name include the following:

Loving Allah, Exalted be He, fearing Him, exalting Him, showing due respect to Him by not engaging in things He has forbidden, observing good manners towards Him, and worshipping Him sincerely.
Rejoicing at having been guided to the true religion of the All-Wise and Well-Informed, which comprises great benefits and helps us achieve happiness in this life and eternal bliss in the hereafter, and which serves to protect our religion, life, the intellect, wealth and honour.
Complying with Allah's rulings, completely submitting to His will, showing contentment with whatever He decrees and decides for us, and being confident that all Allah's decisions are best for us in this world and in the life to come.
Calling upon Allah to grant us wisdom, as He is the sole possessor of wisdom, while trying hard to use all the means possible to acquire it through beneficial knowledge and righteous deeds.

The One who is Most Knowing. The One who possesses the quality of discrimination between right and wrong and who is free from error or misunderstanding.

The One who has perfect wisdom. The One whose wisdom turns mankind back from wrongdoing. The One who is qualified to judge the worth of all things.

From the root h-k-m which has the following classical Arabic connotations:

to prevent or restrain from wrongdoing or corruption
to turn someone back from wrongdoing or ignorance
to be wise, knowing the true nature of things
to pass judgment, to decide, pass a verdict
to judge and pass sentence

This name is used in the Qur’ān. For example, see 2:32

The words hakam and hakīm both arise from the same h-k-m root, but hakam is a verbal noun which emphasizes the delivery of justice, while hakīm is a noun which indicates the essential nature of the possessor of wisdom.