The Cambridge dictionary defines wisdom as using knowledge and experience to make good decisions and judgments. (1) The most similar equivalent for this word in Arabic is the word  “حکمة” (“Hikmah”) which denotes justice, knowledge and tolerance. (2) 

This word has been used so many times in the holy Quran and has a special meaning in  Islamic literature. The holy Quran says:
Allah grants wisdom to whomever He wishes, and he, who is given wisdom, is certainly given an abundant good, and none takes admonition except those who possess intellect. (2:269) 
About this verse of the Quran, Imam Sadiq (AS) says:
(In this verse) Allah The Almighty has portrayed the intellectuals in the best way. (3)

Hikmah is the message of the Prophets

Allah The Almighty has rapidly pointed out this fact that He has sent the prophets with “Hikmah” and they should teach people how to be wise. The holy Quran says:

Allah certainly favored the faithful when He raised up among them an apostle from among themselves to recite to them His signs (the verses of Quran) and to purify them and teach them the Book and wisdom, and earlier they had indeed been in manifest error. (3:164)
And:
There have already come to them, reports (via the Prophets) containing admonishment, [and representing] far-reaching wisdom; but warnings are of no avail! (4:54)
Also: 
Invite to the way of your Lord with wisdom and good advice and dispute with them in a manner which is the best manner.. (16:125)
And: 
When Jesus brought those manifest proofs, he said, ‘I have certainly brought you wisdom, and [I have come] to make clear to you some of the things that you differ about, so be wary of Allah and obey me. (43:63)

Allah almighty even says that the holy Quran is a book full of wisdom:
These are among [precepts] that your Lord has revealed to you of wisdom. (17:39)
These are the signs of the wise Book (31:2)

What is wisdom in the eyes of Allah?

The original meaning of the word “Hikmah” is wisdom, knowledge and tolerance and the ability to use your knowledge in the best way; but Allah The Almighty prefers some special kinds of wisdom. The verses of the Quran and the hadiths, try to clarify the true meaning of wisdom from Islamic sight.

Obedience towards Allah 

•    Abu-Basir, one of the brilliant pupils of Imam Sadiq (AS) once asked him about the verse; “He grants wisdom to whomever He wishes (2:269)”. Imam Sadiq (AS) replied, “That (Wisdom) is obeying Allah and knowledge about Islam” (4)
•    Imam Baqir (AS) also says that “Hikmah” means: “not to commit the sins that Allah has ordained for it the Hell as a punishment” (5)
•    Once Prophet Muhammad (PBUH & HP) asked a group of people who they are.
They said that they are some faithful people.
The Prophet (PBUH & HP) asked: “What are the signs of your faith?”
They said: “We are content about what Allah has planned for us and we are submissive to the order of our God and we trust in him for everything.”
The Prophet said: “You are so knowledgeable and wise the way that your wisdom can almost make you like prophets.” (6)

Knowing our Imams

Imam Sadiq (AS) about the verse “…and he, who is given wisdom, is certainly given an abundant good (2:269)” said ,“The abundant good is knowing Imam Ali (AS) and the other Imams (AS)” (7) 
He also said: “(The “Hikmah” mentioned in the verse is) obeying Allah and knowing the Imam (of your time)”
In Arabic, the word “جهل” (Jahl) means “Ignorance”, which can be considered the opposite of “Hikmah”. So anyone who is not “Hakim” (wise) is “Ignorant” in Islamic culture. There is a hadith narrated from the Prophet (PBUH & HP) in which he said:

Anyone who dies while they don’t have an Imam will have died like a person in the ages of ignorance (8)

This hadith has been narrated by all Muslims’ Sunnis and Shiites and the authenticity of this record is undeniable. 
About knowing the Imam, Imam Sadiq (AS) also said:
Anyone from among the followers of Prophet Muhammad (PBUH & HP) who understands the status and the rights of their Imam, will find how delightful  having faith is.(9)

Understanding Religion

The last meaning of “Hikmah” mentioned in the Hadiths is “Fiqh” (jurisprudence) which means “Understanding”. In Islamic culture, this word is  employed  to define a deep understanding of religion and profound knowledge about  it . (10)
Imam Sadiq (AS) said: 

“Hikmah is the knowledge about religion and understanding it (Fiqh). Therefore, anyone who understands the teachings of the religion is a “Hakim” (a wise person). Indeed above all, Satan wishes the ones who deeply understand religion, to be dead.” (11)
The Holy Prophet (PBUH & HP) said: 
Allah has given me the Quran and he also gave me Hikmah just like the Quran and every house which therein is no Hikmah is nothing but a ruined place. So learn Fiqh and get to know the religion so that you don’t die like ignorant people. (12)

To wrap up, in the Islamic view, “wisdom” means knowing how to live as a good servant of Allah and living the same way. As you see, all the meanings mentioned in the Quran and the Hadiths are about knowledge of religion and living the way religion indicates. Knowing your Imam (who is the leader Allah has chosen for you) is the best way to understand what you should do and how you should obey the orders of Allah.  It is then obvious that all these different meanings and teachings employ a common concept which is obeying the order of Allah after having enough knowledge about it.  
It is then obvious that all these different meanings and teachings employ a common concept; obeying the orders of Allah after gaining and enjoying competent knowledge about them.

Resources

1.  https://dictionary.cambridge.org/dictionary/english/wisdom 
2. Al-Ain, Khalil ibn Ahmad al-Farahidi, vol.3, pg.66
3. Al-Kafi, Sheikh Koleini, vol.1, pg.13
4. Tafsir noor ath-Thiqhlain, al-Huvaizi, vol.1, pg.287
5. Tafsir, Al-Ayyashi, vol.1, pg.151
6. At-Tohid, Sheikh Saduq, pg.371
7. Tafsir noor ath-Thiqhlain, al-Huvaizi, vol.1, pg.287
8.  Musnad Ahmad ibn Hanbal, vol.28, pg.88
9.  Basa’ir ad-Darajat, Muhammad ibn Hassan as-Saffar, pg.412
10.  Sihah, al-Johari, vol.6, pg.2243
11.  Tafsir, al-Ayyashi, vol.1, pg.151
12.  Majma al-Bayan, Sheikh at-Tabarsi, vol.2, pg.194
     

Eid al Adha (or Dhuha) is one of the greatest eids of Islam. It is a feast of love, sacrifice, and submission to the will of Allah (s.w.t). Celebrated on the 10th of Dhul Hijjah, the last month of the Islamic calendar, it is the time of the year where Muslims from all over the world gather for the annual ritual of Hajj and mark the end of Hajj by sacrificing a camel, a cow or a sheep. Those Muslims who could not make it for Hajj, sacrifice these animals and distribute the meat and other gifts among the poor, their family and friends. 

There are many recommended (not obligatory) rituals and practices to be performed on the day of Eid al Adha, some of them are as follows: 

-Doing Ghusl (ritual bath)
-Eid Prayer, either in a congregation or individually
-Reciting the Ziarat of Imam Husain (AS), the third infallible Imam
-Sacrificing either a camel, cow, or sheep. Sacrifice is obligatory for those performing Hajj and recommended for those not performing Hajj
-According to Islamic laws, it is forbidden to fast on this day

History of Eid al Adha 

Prophet Abraham (PBUH) was a true embodiment of the verse from the Holy Quran: “Do the people suppose that they will be let off because they say, ‘We have faith,’ and they will not be tested? Certainly, We tested those who were before them. So, Allah shall surely ascertain those who are truthful, and He shall surely ascertain the liars.” (29:2)

Prophet Abraham (PBUH) was a great Prophet of Allah (SWT) who is greatly celebrated in the Holy Quran. He is one of the Ulu –l-Azm (Arch) prophets. Allah (SWT) calls him his friend in the Holy Quran (4:125). The intended sacrifice of this holy prophet is greatly eulogized in the Holy Quran and the prophetic traditions. Abraham is especially famous for the numerous ways God tested him; especially the tough tests of leaving his wife Hagar and his firstborn son Ishmael (2:124) and bringing his son to a special place as an offering to God (37:100-113).

The story of Prophet Abraham sacrificing his son is mentioned in the Holy Quran as follows: 

“My Lord! Give me [an heir], one of the righteous.” So We gave him the good news of a forbearing son. When he was old enough to assist in his endeavor, he said, ‘My son! I see in dreams that I am sacrificing you. See what you think.’ He said, ‘Father! Do whatever you have been commanded. If Allah wishes, you will find me to be patient.’ So, when they had both surrendered to Allah’s will, and he had laid him down on his forehead, We called out to him, ‘O Abraham! You have indeed fulfilled your mission! Thus, indeed do We reward the virtuous! This was indeed a manifest test.’ Then We ransomed him with a great sacrifice, and left for him a good name in posterity: ‘Peace be to Abraham!’ Thus, do We reward the virtuous? He is indeed one of Our faithful servants.” (37:100-110)

The Holy Quran gives us a very clear picture of the incidents that unfolded with Prophet Abraham (PBUH). It tells us that Prophet Abraham (PBUH) prayed for a righteous heir and Allah (SWT) answered his prayers. But after a few years, Allah (SWT) orders his Prophet to sacrifice his only son and both Prophet Abraham (PBUH) and Prophet Ishmael (PBUH) agree to submit to the will of Allah (SWT). It was a test for Prophet Abraham (PBUH) as well as his son Prophet Ishmael (PBUH), who emerged victorious from this test. Thus, leaving a legacy of complete submission to the will of Allah (SWT), a submission that calls for sacrificing everything you have to gain the pleasure of your beloved creator. It is this humble and pure submission of Prophet Abraham (PBUH) that makes this great prophet a ‘good example’ for us. (60:4). 

The sacrifice of Prophet Abraham is not a fairy tale to be read to our children before going to sleep, it is a story that has the potential to make human beings build a lasting relationship with Allah (SWT). If we truly trust in Allah (SWT) and reach a position where we readily sacrifice everything in the way of Allah, we can proudly claim to be inheritors of the legacy of Abraham, a friend of Allah (SWT). But for us to reach that position we need to first ask ourselves: who is our Ishmael? Is it my child, my spouse, my property, wealth, job, position or my desires? 

References

1. Quran Translations, Ali Quli Qara’i
2. Recommended rituals and practices on the eve of Eid and the day of Eid: Dua for EID ul Adha Night and Day (duas.org) (these recommended acts can also be found in Mafatih Al-Jinan under the section of aamaal for Eid)
3. Exegesis of Surah Saaffat, Tafseer Nemuneh, Ayatollah Makarem Shirazi (Farsi)