Is it permissible to dedicate the reward of reciting the Quran to the living and the dead, and can the intention of each part be specified for a particular person?

The gist of the Fatwa is: It is permissible to dedicate the reward of reciting the Qur'an to the deceased with the intention of allocating a specific portion to them. However, scholars have differed on the issue of dedicating the reward to the living.