بِسْمِ اللَّهِ الرَّحْمَـٰنِ الرَّحِيمِالْحَمْدُ لِلَّهِ رَبِّ الْعَالَمِينَالرَّحْمَـٰنِ الرَّحِيمِ مَالِكِ يَوْمِ الدِّينِ إِيَّاكَ نَعْبُدُ وَإِيَّاكَ نَسْتَعِينُ اهْدِنَا الصِّرَاطَ الْمُسْتَقِيمَ صِرَاطَ الَّذِينَ أَنْعَمْتَ عَلَيْهِمْ غَيْرِ الْمَغْضُوبِ عَلَيْهِمْ وَلَا الضَّالِّينَ
In the Name of Allah, Most Gracious, Most Merciful.
All the praises and thanks be to Allah, the Lord of the Alamin (mankind, jinn and all that exists).
The Most Gracious, the Most Merciful.
The Only Owner (and the Only Ruling Judge) of the Day of Recompense (i.e. the Day of Resurrection)
You (Alone) we worship, and You (Alone) we ask for help (for each and everything).
Guide us to the straight path.
The path of those on whom You have bestowed Your Grace , not (that) of those who have earned Your anger , nor of those who went astray .
General Tafseer The honorable Surat-al-Fatiha contains seven ayat including the praise and thanks of Allah, glorifying Him and praising Him by mentioning his most Beautiful Names and most high Attributes. It also mentions the Hereafter, which is the Day of Ressurection, and directs Allah's servants to ask of Him, invoking Him and declaring that all power and strength comes from Him. It also calls to the sincerity of the worship of Allah alone, singling Him out in His divinity, believing in His perfection, being free from the need of any partners, having no rivals nor equals.
summarized from Tafsir Ibn Kathir, Abridged, Volume 1, 2000.
and more tafseer here in the book-room
the Lord ٱلۡعَـٰلَمِينَ
everything in existence except Allah إِيَّاكَ
You alone ٱلصِّرَٲطَ
the path ٱلضَّآلِّينَ
those who go astray
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