Meaning
Refuge of the world; an honorific for a king, 'shelter of all'.
Literally: lit. refuge of the world
See it in the verse
Aalam-panaah in Iqbal’s couplets
Yaqeen muhkam, amal paiham, mohabbat fateh-e-aalam
Jihad-e-zindagani mein hain ye mardon ki shamsheeren
Jihad-e-zindagani mein hain ye mardon ki shamsheeren
Firm conviction, ceaseless action, and a love that conquers the world — these are the swords of the brave in the struggle of life.
Action · Love · Courage
Qanaat na kar aalam-e-rang-o-bu par
Chaman aur bhi, aashiyan aur bhi hain
Chaman aur bhi, aashiyan aur bhi hain
Do not be content with this world of colour and scent — there are other gardens, and other nests, too.
Aspiration · Restlessness