Sayyidul Istighfar- The Best way of asking Allah for forgiveness

اللَّهُمَّ أَنْتَ رَبِّي لّا إِلَهَ إِلَّا أَنْت،

خَلَقْتَنِي وَأَنَا عَبْدُكَ،

وَأَنَا عَلَى عَهْدِكَ وَوَعْدِكَ مَا اسْتَطَعْت،

أَعُوذُ بِكَ مِنْ شَرِّ مَا صَنَعْت،

أَبُوءُ لَكَ بِنِعْمَتِكَ

عَلَيَّ، وَأَبُوءُ بِذَنْبِي فَاغْفِر لِي فَإِنَّهُ لَا يَغْفِرُ

الذُّنُوبَ إِلَّا أَنْتَ

Spelling:    Allahumma anta rabbee la ilaha illa ant, khalaqtanee wa-ana AAabduk, wa-ana AAala AAahdika wawaAAdika mas-tataAAt, aAAoothu bika min sharri ma sanaAAt, aboo-o laka biniAAmatika AAalay, wa-aboo-o bithanbee, faghfir lee fa-innahu la yaghfiruth-thunooba illa ant.

Meaning :  O Allaah, You are my Lord, none has the right to be worshipped except You, You created me and I am You servant and I abide to Your covenant and promise as best I can, I take refuge in You from the evil of which I committed. I acknowledge Your favour upon me and I acknowledge my sin, so forgive me, for verily none can forgive sin except You.’