All perfect praise be to Allaah, The Lord of the Worlds. I testify that there is none worthy of worship except Allaah, and that Muhammad is His slave and Messenger.
It is not correct to deduce from this Prophetic narration that the Quran is created; all what it means is that Allaah is capable of changing something from the state of immaterial to material. This does not negate that its origin is immaterial. For example, death is not perceivable, yet on the Day of Resurrection, it will be changed to material state and it will be presented to people in the form of a sheep.
In his commentary on “At-Tahaawiyyah”, Ibn Abu Al-‘Izz elaborated on this issue and gave many examples:
Finally, it is indeed confirmed in authentic narrations that the Quran is the Words of Allaah and is not created, and the scholars made it very clear.
For more benefit, please refer to Fataawa 91359 and 92244.
Allaah Knows best.