The disciples wept at the words of Jesus and besought him saying: 'Lord, teach us to make prayer.'
             Jesus answered: "Consider what ye would do if the Roman governor seized you to put you to death, and that same do ye when ye go to make prayer. And let your words be these: " O Lord our God, hallowed be thy holy name, thy kingdom come in us, thy will be done always, and as it is done in heaven so be it done in earth; give us the bread for every day, and forgive us our sins, as we forgive them that sin against us, and suffer us not to fall into temptations, but deliver us from evil, for thou art alone our God, to whom pertaineth glory and honour for ever.'

  An Islamic Perspective and Commentary
Ishaq Zahid

Every Muslim recites the following verses five times daily:

In the name of God, Most Gracious, Most Merciful. Praise be to God, the Cherisher and Sustainer of the world; Most Gracious, Most Merciful; Master of the Day of Judgment. Thee do we worship, and Thine aid we seek. Show us the straight way, The way of those on whom Thou hast bestowed Thy Grace, those whose (portion) is not wrath, and who go not astray. (The Holy Quran, Chapter 1)

Also, part of the prayers is supplications to God seeking His forgiveness and asking for good in this life and the hereafter.