Question 110: Is it Fard (obligatory) to memorize the Ever-Glorious Qur’aan?
Answer: Memorizing the Ever-Glorious Qur’aan is a collective obligation. It is not obligatory upon every individual in the Ummah (Muslim nation) to memorize it. However, memorizing the Qur’aan is one of the best Qurbah (good deeds by which Allaah’s Pleasure is sought). It is a great virtue, provided that the Muslim acts upon its rulings and abides by its Hudood (limits)... read more here.