The align attribute on the img tag has been deprecated for quite some time. All edits to an image should be made through editing the image's CSS either inline (style="[enter CSS here]") or through it's class/ID (.class or #id CSS definition).
Sorry but I have no idea what you mean by "Align list arrow."
Which properties panel are you working with -- HTML, CSS?
What exactly are you trying to do?
Which elements are you working with -- i.e. paragraphs, unordered lists, ordered lists, etc...?
For best answers here, please include the HTML & CSS code you have so far (a link to your page is preferred). A second option is to copy and paste code directly into the web forum post.
When you select an image in Design view, you get the image-specific Property inspector. There is no ALIGN field shown on that Property inspector for the reason pointed out by SnakEyez. Aligning an image is done by applying a CSS float to it, also suggested by SnakEyez.