
As quoted in Al-Jaami' al-Saghîr by Imam al-Suyuti, where it is declared a "weak Hadith".
Variant translations:
The ink of the scholar is holier than the blood of the martyr.
The Islamic Review, Vol. 22 (1934), p. 105, edited by Khwajah Kamal al-Din
The ink of scholars will be weighed in the scale with the blood of martyrs.
As quoted in Knowledge of God in Classical Sufism: Foundations of Islamic Mystical Theology (2004) by John Renard
Sunni Hadith