بِسْمِ اللَّهِ أَرْقِيكَ مِنْ كُلِّ شَيْءٍ يُؤْذِيكَ مِنْ شَرِّ كُلِّ نَفْسٍ أَوْ عَيْنِ حَاسِدٍ اللَّهُ يَشْفِيكَ بِسْمِ اللَّهِ أَرْقِيكَ
Transliteration
Bismillahi arqika min kulli shay'in yu'dhika min sharri kulli nafsin aw 'ayni hasidin Allahu yashfika bismillahi arqik
English meaning
In the name of Allah I recite ruqyah upon you, from everything that harms you, from the evil of every soul or envious eye. May Allah heal you; in the name of Allah I recite ruqyah upon you.
When is it recited?
Recited over a sick person.
Source
Muslim, Salam 40, 2186