Romans 4:3 For what saith the scripture? And Abraham believed God, and it was reckoned unto him for righteousness.

'For what saith the scripture?' -in the scriptures we don't find Abraham 'boasting' before God, but rather we find the very doctrine that Paul is teaching!

'Abraham believed God'. Genesis 15:6

'reckoned' -3049. logizomai log-id'-zom-ahee; middle voice from 3056; to take an inventory, i.e. estimate (literally or figuratively): -conclude, (ac-)count (of),. despise, esteem, impute, lay, number, reason, reckon, suppose, think (on).

-to set down accounts, it was set down on the credit side of the ledger. (Robertson p. 350)

POINT TO NOTE:

It is. mistake to assume that Genesis 15:6 is the point at which Abraham entered into. relationship with God. Paul cites this occasion in the life of Abraham because it contained the wording he needed to make his point. But Abraham had manifested "faith" prior to this (Genesis 12:1; Hebrews 11:8). Which should tell us that justification is an 'on-going thing'. James will refer to Genesis 22:1 and the offering of Abraham's son and claim that he was justified then. James even says that Genesis 15:6 finds fulfillment in Genesis 22:1. (James 2:23)

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Old Testament