Sayyidi Shaykh Saleh al-Ja’fari said in his Friday Lesson in the noble Azhar:

The meaning of  al-qadr is:  al-sharaf (honor)

And he said as part of the 9th salaat of his al-Salawaat al-Arba’eeniyya:

“wa sharrafta ummatahu bi-laylati qadrihi”

And You honored his ummah by the night of his qadr / by his night of qadr

And in the tafseer of al-Qashani (mistakingly called Tafseer Ibn Arabi) it says: The Qadr is his great worth and honor, alayhi assalam, as his qadr (greatness/ honor/ worth)  does not appear, neither does he come to know it, except in it.

The Ustadh, al-imam al-Qushayri said:

It is a night in which the worshippers find the qadr (worth) of their selves, and the arifeen witness the qadr (greatness) of the One they worship, and what a great difference between the finding of this worth and the witnessing of that greatness.

And Imam Ruzbihan al-Baqli said:

On that night He reveals His beauty to the arifeen, and to the people of witnessing among the ones who are near, according to their stations in ma’rifa and unveiling, and according to what is apportioned to them of the unseen. And He makes the lights of His Angelic (Malakut) and Lordly (Jabarut) dominions appear to the people of the hearts, and for that reason the angels and the Ruh descend on that night, to give them the glad tidings of their arrival, and the unveiling of the beauty.

اللهم صلّ على النبي الصادق * سيدنا محمد خيرة الله من الخلائق * الرشيد المرشد * المقرّب للجنة ومن النار مبعد * الأول الخاتم * والخليفة الحاكم * الذي اخترت له قبل أن يختار * وسمّيته الحبيب المختار * الذي أخذت على أنبيائك ميثاقا بنصره * وشرّفت أمته بليلة قدره * وعلى آله وسلم