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Annually on July 3
Therefore, the promise comes by faith, so that it may be by grace and may be guaranteed to all Abraham's offspring - not only to those who are of the law but also to those who are of the faith of Abraham. He is the father of us all. (Romans 4:16)
Faith and grace are so inter-linked in everything concerning the life of a believer. Even regarding salvation, the Apostle Paul writes to the Church at Ephesus:
For it is by grace you have been saved, through faith - and this not from yourselves, it is the gift of God - not by works, so that no one can boast. (Ephesians 2:8,9)
Salvation is the most precious gift from God, but there are other wonderful gifts, which result from our latching on to the promises of God in his Word.
Regarding Abraham, Paul writes,
If, in fact, Abraham was justified by works, he had something to boast about - but not before God. What does the Scripture say? "Abraham believed God, and it was credited to him as righteousness." (Romans 4:2,3)
It was not through law that Abraham and his offspring received the promise that he would be heir of the world, but through the righteousness that comes by faith. (Romans 4:13)
So it was neither through works or the law that Abraham was justified. It was because he believed God. That was credited to him as righteousness.
Romans 4:17 is a wonderful verse which speaks of El Shaddai- God Almighty and his unsurpassed greatness.
.....He is our father in the sight of God, in whom he believed - the God who gives life to the dead and calls things that are not as though they were. (Romans 4:17)
Do you believe that you serve Him who gives life to the dead and calls things that are not as though they were? If yes, your faith will be credited as righteousness and you will see the mighty acts of God throughout your life as a believer.
Posted by Dr. Johnson Cherian