Is there a narration which states something to the effect that reciting Surah Ikhlas twelve times brings the reward of four khatams of Quran?
I have not seen this narration. The Famous narration of Sahih Bukhari, Sahih Muslim and others state that reciting Surah Ikhlas once is equal to 1/3rd of the Quran.
(Sahih Bukhari, Hadith: 5013 and Sahih Muslim, Hadith: 811)
It is therefore hoped that by reciting this Surah thrice, one will receive the reward of an entire Quran recital. Hence by reciting it twelve times one can expect to get the reward of four complete recitals.
(Fathul Bari, Hadith: 5015)
This interpretation is also supported by ‘Allamah Sindhi (rahimahullah) in his footnotes on Sunan Nasai. (vol. 1 pg. 155, Hadith: 995)
And Allah Ta’ala Knows best
Answered by: Moulana Suhail Motala
Approved by: Moulana Muhammad Abasoomar
Checked by: Moulana Haroon Abasoomar