Everytime a person ponders upon this Magnificent Qurān and is reminded by way of that which is in it [i.e. its commandments, prohibitions, admonitions etc], then indeed he receives blessing in his life, his deeds, his certainty and in all his affairs.
At-Ta’līq ‘alā al-Qawā’id al-Hisān by Shaykh Uthaymīn Pg. 16
Nowadays an individual recites the Quran to another, however he does not know it’s meaning! He memorises the Quran, repeats it and he does not know it’s meaning. No understanding, and possibly he does understand, but he doesn’t act (by it).
The Quran requires understanding, implementation and action.
The following question was posed to Shaikh Bin Baz: “Some people get a mus’haf and look into it [reading in the mind] without moving their lips; is it still applicable to term this scenario as “reading the Qur’an”? Or is it a must to pronounce/utter the words and for that to be heard in order to deserve the reward for reading the Qur’an? And is a person rewarded for just looking into a mus’haf [reading in mind]?
There is nothing preventing looking into the Qur’an without reading [physically] to ponder and contemplate and understand the meanings, but the one who does this is not considered “a reader” [to have actually ‘read’ the Qur’an] and he does not receive the virtue of actually reading unless he pronounces the words and physically reads the Qur’an, even if those around him cannot hear [i.e. it is not required to be loud, but physical pronunciation required though], due to the statement of the prophet “Read the Qur’an for indeed it will come as an Intercessor for its companions on the Day of Judgement” [Muslim]. The prophet صلى الله عليه و سلم intended by the ‘companions of it’ i.e. those who act upon it, just as it is mentioned in other ahaadith.
Similarly the prophet صلى الله عليه و سلم said, “Whoever reads a letter of the Qur’an so for him is a reward, and every reward is 10-fold of its example” [at-Tirmidhy & ad-Daarimy with an authentic chain]. And a person is not considered a “reader” unless he utters [and pronounces that reading], just as the people of knowledge have stated that.
[Paraphrased from official website of Shaikh Bin Baz http://www.binbaz.org.sa/mat/2013]