One more thing:
If a thread does not exist yet, can we we please get people to post these benefits here in this folder so we can compile/edit a new thread out of this one?
I'll start:
#1
The Prophet, sallallaahu alayhi wa sallam, said "Whoever reads the Quran, memorizes it, and acts upon it, on the Day of Judgment he will be clad (by angels) with a crown of light, its light is like the sunlight and his parents will be clad with two garments better than the whole world and whatever it contains." So they would amazingly ask: "What action did we do to deserve this?" They will be told: "Because your son memorized the Quran. [Al-Haakim]