Is it permissible to say "Lā hawla wa lā quwwata illā billāh" (There is no might or power except with Allah) when fearing something or hoping to avert harm, such as fearing not reaching a place or fearing death, with the intention that Allah will aid with His might and power to overcome these fears and achieve what is hoped for, and is this intention sound?

The remembrance of Allah reassures hearts, eases difficulties, removes hardships, adversities, and distress, and provides security for the fearful. The saying "Lā ḥawla wa lā quwwata illā billāh" (There is no might nor power except with Allah) is one of the greatest phrases, encompassing the entrustment of all affairs to Allah Almighty and the recognition that He alone is the Disposer, and that a servant cannot transform from one state to another, nor possess any strength except by Allah's empowerment of him. Its meaning is: there is no turning away from disobedience to Allah except by His protection, and no strength for obedience to Him except through Him. It is a treasure from the treasures of Paradise, and it has a great impact in dealing with difficult matters and repelling poverty. If a servant finds tranquility by repeating it, there is no harm in adhering to it and reciting it frequently, along with increasing the general remembrance of Allah, such as tasbeeh (glorification), tahmeed (praise), tahleel (affirmation of oneness), reciting the Qur'an, and sending blessings upon the Prophet, peace be upon him.