MV: this is a very interesting article that i got from here.The Answer is yes and for reasoning read below.
Quran is the last and final revelation of Allah, revealed to the last and final messenger Prophet Muhammad (Pbuh). The Holy Quran is the most positive book in this world. It’s a proclamation to humanity. It’s a fountain of mercy & wisdom. It’s a warning to the heedless. And assurance to those who are in doubt. A solace to the suffering. And hope to those who are in despair. Do you think it’s possible to derive all these benefits from the Holy Quran unless you read, understand, ponder over the meaning, implement and put it to practice? Alhumdulillah, the Holy Quran is the most widely read book in the world. But unfortunately it’s also the book, which is maximum read without understanding. That’s the reason, the relationship of the Muslims with the Quran has weakened, and it has left us with only paying outwardly respect to it, and we have not derived the real benefit and guidance for which it was revealed. What a tragic misfortune it is, if you get the Quran and you went away empty handed. Souls untouched, hearts unmoved, and life unchanged.
Allah says in the Holy Quran in Surah Al-Imran 3: 110 that “you are the best of people evolved for mankind”. Allah is calling us “Khairah ummah”,“because you enjoin what is good and forbid what is wrong and you believe in Allah”.
The reason why Allah is calling us “kutum khairah ummah”, i.e., the best of people, is because we enjoin what is good and forbid what is wrong and we believe in Allah. We can only enjoin what is good and forbid what is wrong if we know what is good and what is wrong. If we do not know what is good and what is wrong, how can we enjoin the good and forbid the wrong. The word Quran is derived from Arabic root word “Qara” which means a collection to read, a book meant to be read, to be recited, and to be proclaimed. The Quran calls itself the Furqan, which means the criteria to judge between right and wrong. Therefore, in order for us to proclaim the Holy Quran, in order for us to use the Holy Quran as criteria to judge right from wrong, it is compulsory for every Muslim to read the Holy Quran with understanding. Let us analyze, what are the various reasons that Muslims give for not reading the Holy Quran with understanding. the best of people, evolved for mankind. But natural, reason for this is given in the same ayah where Allah says,