Q 2: Is
the saying of some people after the recitation of the Qur'an, "O Allah! Grant the reward of what I read to the Prophet (peace be upon him)"
or "to honor him" (peace be upon him) permissible?
This is an invented act that has no origin in the Sunnah and the Salaf (righteous predecessors) did not do it. Therefore this is not permissible, for the Prophet (peace be upon him) said:
Anyone who does an action which is not stated in this matter of ours (Islam) will have it rejected.
"Whoever introduces anything into this matter of ours (Islam) that is not part of it, will have it rejected."
The most evil of affairs are novelties; every novelty is a Bid`ah (innovation in religion); every Bid`ah is misguidance; and every misguidance is in Hellfire.
May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.