It seems to me that the system, as it is, is simply designed to concentrate wealth in the hands of male children. Women are deprived of their rightful shares of inheritance. It is needless to say that this cannot be accepted by Islam at all. May I also say briefly that the dowry system, which means that a bride receives from her father or her brothers gifts, in gold or real property or cash in an amount acceptable to her husband and his family, is different from the dower which Islam makes a condition of marriage. This dower is paid by the husband to his wife at the time when the marriage contract is made.
Inheritance is one legitimate way of ownership.
When a woman inherits something it becomes her own property. In Islam, a woman is fully entitled to manage, administer, invest or dispense with her property the way she likes, without any interference from her father or husband. She is fully qualified to make any transactions she wants. If she inherits something it does not become the property of her husband or his family.