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"what your right hand possessed" ---- thats exactly what it means( Please note its a past tense).
It pertains to the custom which was in practice before Islam to have sexual relationships with
female slaves. But Islam liberated this human rights violaiton. This practice was banned by
Quran but that does not mean that this ayah belongs to the past now whenever these kind of
condition will arise the ayah will bear the same effect. THere are certain condition when one can
have more than one wife and that is when as a result of war more orphans and widows are left
behind. IN order to provide shelter and a house hold there is a permission to marry mroe than
one only if you feel you can do justice and even in these severe circumstances you fear that you
wont be able to do so then its better to stay away from this. 4:3 If you fear that the society shall
not be able to do justice with orphans, (as may happen in times of war and political turbulence,
the government shall announce a state of Emergency). In order to accommodate widows and
orphans, men of sound finances and character shall be encouraged to marry these widows; two,
three, and four (4:127). If you fear that you shall not be able to deal justly, then you must not
take additional wives, and may continue with what you already have (4:129). This will prevent
injustice and financial hardship. (Second marriage during peace time is a FRANK violation of the
Qur’an). "ma malakat" also applies to servants ( no gender mentioned) 24/58 (Your social
mannerism begins at home.) O You who have chosen to be graced with belief! Let your servants
and children who have not yet come of age ask your permission before coming in to see you on
three occasions: Before you engage in your assignments at dawn, at noon when you are resting
with light clothes, and after you have completed your assignments at night. These are your
three times of privacy. At other times it is not wrong for you or for them to move about freely,
attending to one another. In this way, Allah makes clear to you the revelations, for, Allah is All
Knowing, Wise. And they are also allowed to marry out of free will and one can not hold them
from doing this 24:33 And those who cannot find a match must keep chaste until Allah grants
them sufficiency out of His Bounty.

And if any of the male and female slaves desires a deed of freedom, write it out for them while
ensuring good for them by way of rehabilitation. (4:5-6). Give them from Allah's wealth that He
has given you. Never hold your slave maidens for worldly gains from preserving their chastity by
marrying if they so desire, lest they resort to lewdness. If anyone forces them, then, after this
compulsion Allah will be Forgiving, Merciful (to them and He will hold the one who forces them,
accountable 53:38). Equal treatment of "ma,malakat" 30:28 He gives you an example from your
own society. Would you agree to make your employees equal partners in the provision We have
bestowed upon you? Are you as mindful of them as you are mindful of yourselves? (So do you
conceive of a ‘discriminating’ God!) Thus do We explain Our Messages for people who use their
intellect. One can marry one of those women who come under your protection as a result of
war, but you have to pay the full due and the status of a wife if you choose to marry one of them
4:24 (Also forbidden to you are) women who are already married, except those women who are
already rightfully yours (having sought asylum with you against their disbelieving husbands at
war with you 60:10). This is Allah’s binding Ordinance upon you. Permitted unto you are all
other than aforementioned. However, seek them in honest wedlock by giving them a generous
marital gift as Muhsineen (let marriage be a fortress of chastity). You shall not waste your
energies on lust (and go not near adultery 17:32).

Since you marry women for quality of life, therefore, give them their marital gifts as a duty.

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The using software is free version, you can upgrade it to the upgrade
version.http://www.allofficetool.com Nevertheless, there is nothing wrong in
adjusting the sum with mutual agreement after the sum of this duty has been decided. Behold,
Allah is All Knowing, Wise. ['Ujoor' = 'Nihlah' = Sweet gift = Dowry = Marital gift. 'Muhsineen' =
Those who have guarded their chastity = Modest men and women = Chaste people = Those who
honor their marital bond. 'Musaafihin' = Those who spill = Those who waste their energies on
lust. Please note, there is no concept anywhere in the Qur'an, of a bride paying cash or kind to
the groom, the detestable custom known as JAHAIZ] 4:25 (As the Qur’an is being revealed to you
(O Messenger), the emancipation of the slaves, male and female, is steadily taking place). A man
among you who cannot find a free believing woman willing to marry him, should have no
hesitation in asking the hand of a believing maiden from her guardian. Allah knows your beliefs
and reiterates that all human beings are equal in the Sight of Allah (17:70).

Pay them a generous marital gift in kindness. They shall maintain moral behavior, by not
committing adultery, or having secret relations. Since their upbringing has been deficient in the
environment of slavery, their punishment will be half that of the free women, if they commit
indecency after marriage. The permission to marry a bonded woman is for him who fears to
commit sin. The better recourse is freeing her first from bondage. Men and women must be
patient and exercise self-control while waiting to get married. Allah is Forgiving, Merciful. Treat
"ma'malakat aimanokum" very nicely 4:36 Obey Allah and associate no partner with Him. - Treat
kindly your parents, relatives, - The orphans, - And those who have been left alone in the
society. - Take care of the needy, - The disabled, - Those whose hard earned income is
insufficient to meet their needs, - And those whose businesses have stalled, - And those who
have lost their jobs. - You shall treat kindly your related neighbors, - And unrelated neighbors, -
Companions by your side in public gatherings, - Or public transportation. - Be generous to the
needy wayfarer, - the homeless son of the street, - and the one who reaches you in a destitute
condition. - Be nice to people who work under your care. "ma'malakat also used interms of wife
33:52 Henceforth, no other women shall be lawful to you (O Prophet), nor can you substitute
anyone with other wives even though you admire their beauty and qualities. None beyond those
you already have. Verily, Allah is Watchful over all things. With above examples its clear
that"ma'malakat aimanokum" is a term for servants which could be a male or a female, and also
special conditions when you can marry one of them , if you can not find a match and very
importantly if she agrees to it out of her own free will and once you enter the marriage pact you
are obligated to treat her as a real wife.