On the virtue of reciting this Surah, there is a tradition from Imam Sadiq (as) who said:
"He who recites Surah 'Alaq on a day or a night and passes away on the same day or night, at the time of the Day of Judgment, he will be considered as a martyr and Allah will raise him to life again as a martyr and He will resurrect him as one who has fought the holy war, on the way of Allah, in the presence of the Messenger of Allah.”
Because of the different words used at the beginning, this Surah is called: 'Alaq, Iqra', or Qalam.
Imam as-Sadiq (a.s.) said: If someone recites Surah Alaq in the day or night and then he dies the same day or night it is as though he achieved the rank of martyrdom and he would remain alive like a martyr who might have used his sword along with the Messenger of Allah.

Imam as-Sadiq (a.s.) said: Whoever intends to go on a journey and recites this Surah would become safe from hardship and worry
of travel. Similarly in the voyage on sea also, by power of Allah, he would remain safe and protected from every kind of grief and calamity.