Holding competitions for memorizing the Glorious Qur'an

Q: Is competition in memorizing the Glorious Qur'an permissible or not?

A: There is nothing wrong with holding competitions for memorizing the Glorious Qur'an and its recitation, and offering (Part No. 11; Page No. 194) prizes for that activity, as long as this is done without taking any money from the contestant students, because this helps people to memorize the Qur'an and seek knowledge.May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.