I have heard that this Hadeeth is incorrect, and I believe it is correct; I seek your guidance regarding this Hadeeth. May Allah reward you!.
It says in Majmoo’ Fataawa Ibn Baaz (26/328-330):
A pamphlet which includes false ahaadeeth:
Praise be to Allaah the Lord of the Worlds, and blessings and peace be upon our Prophet Muhammad and all his family and companions. This was answered by the Shaykh on 25/1/1414 AH:
I have studied a pamphlet which says:
“The Messenger of Allaah (peace and blessings of Allaah be upon him) said:
‘O ‘Ali, do not sleep until you have done five things: reciting the entire Qur’aan, giving four thousand dirhams in charity, visiting the Ka’bah, safeguarding your place in Paradise and reconciling with your opponent.’ ‘Ali said: How can I do that, O Messenger of Allaah? The Messenger of Allaah (peace and blessings of Allaah be upon him) said: ‘Do you not know that if you recite Soorat al-Ikhlaas –Qul Huwa Allaahu Ahad – three times you have recited the entire Qur’aan? And if you recite al-Faatihah four times you have given four thousand dirhams in charity; and if you say There is no god except Allaah alone with no partner or associate; to Him be dominion and praise, He gives life and causes death, and He is Able to do all things, ten times, you have visited the Ka’bah; and if you say There is no strength and no power except with Allaah, the Most High, the Almighty, ten times, you have safeguarded your place in Paradise; and if you say I seek forgiveness from Allaah, besides Whom there is no other god, the Ever-Living, the Eternal), ten times you have reconciled with your opponent.’
What this pamphlet contains was not narrated in any of the reliable books of hadeeth, rather it is a mawdoo’ (fabricated) hadeeth which was falsely attributed to the Messenger (peace and blessings of Allaah be upon him).
Hence I warn my Muslim brothers against being deceived by this hadeeth and other fabricated reports, or printing and distributing them among the Muslims, because that is misguiding the common folk and confusing them, and telling lies about the Messenger of Allaah (peace and blessings of Allaah be upon him), who issued a stern warning to the one who does that deliberately, as he (peace and blessings of Allaah be upon him) said in the saheeh hadeeth: “Telling lies about me is not like telling lies about anyone else. Whoever tells a lie about me deliberately, let him take his place in Hell.” Saheeh al-Bukhaari (1229); Introduction to Saheeh Muslim (4). And he said: “Whoever narrates a hadeeth from me thinking that it is false is a liar.” Introduction to Saheeh Muslim (1).
In the saheeh reports narrated from the Messenger (peace and blessings of Allaah be upon him) and compiled in the reliable books of Saheeh, Sunan and Musnads there is sufficient information and the one whom Allaah guides to goodness has no need to turn to the reports of liars and fabricators. I ask Allaah to bless us all with beneficial knowledge and to enable us to do good deeds and to avoid all the paths of misguidance and deviance, for He is All-Hearing and Ever Near. And peace be upon you and the mercy of Allaah and His Blessings.
Grand Mufti of the Kingdom of Saudi Arabia, Head of the Council of Senior Scholars and the Council for Academic Research and Issuing Fatwas.
This hadeeth has also been dealt with in the answer to question no. 30765 in which Shaykh Ibn ‘Uthaymeen and the Standing Committee are quoted as saying that this hadeeth is da’eef (weak).
And Allaah knows best.