"For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: Not of works, lest any man should boast" (Eph.2:8-9). Here the "gift" is said to not be of "works"--"it is the gift of God" and "not of works." That means that the gift is "salvation" and not "faith." Here we see Paul making it plain that it is "salvation" which is a gift and which is not received according to works: "For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord" (Ro.6:23). "For what saith the scripture? Abraham believed God, and it was counted unto him for righteousness. Now to him that worketh is the reward not reckoned of grace, but of debt. But to him that worketh not, but believeth on him that justifieth the ungodly, his faith is counted for righteousness" (Ro.4:3-5). So when we take into consideration verse 9 it becomes obvious that the "gift" of verse 8 is "salvation" and not "faith."
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It is faith! With out faith it is impossible to please God.
Pastor Harold, the gift is salvation by grace through faith. It is not faith itself.
It is impossible that the gift is "faith" because of the parallel clauses "not of your selves" and "not of works," the latter of which would be irrelevant as asserted of faith.
To read the text as though faith is the gift is to destroy the meaning of the whole passage.