The Justifying Faith Of Father Abraham  

Romans 4:1-8 (NASB)
¹  What then shall we say that Abraham, our forefather according to the flesh, has found?
²  For if Abraham was justified by works, he has something to boast about, but not before God.
³  For what does the Scripture say? "ABRAHAM BELIEVED GOD, AND IT WAS CREDITED TO HIM AS RIGHTEOUSNESS."
⁴  Now to the one who works, his wage is not credited as a favor, but as what is due.
⁵  But to the one who does not work, but believes in Him who justifies the ungodly, his faith is credited as righteousness,
⁶  just as David also speaks of the blessing on the man to whom God credits righteousness apart from works:
⁷  "BLESSED ARE THOSE WHOSE LAWLESS DEEDS HAVE BEEN FORGIVEN, AND WHOSE SINS HAVE BEEN COVERED.
⁸  "BLESSED IS THE MAN WHOSE SIN THE LORD WILL NOT TAKE INTO ACCOUNT."

1.     Credited Righteousness Through Faith In Christ

Romans 4:1-5 (NASB)
¹  What then shall we say that Abraham, our forefather according to the flesh, has found?
²  For if Abraham was justified by works, he has something to boast about, but not before God.
³  For what does the Scripture say? "ABRAHAM BELIEVED GOD, AND IT WAS CREDITED TO HIM AS RIGHTEOUSNESS."
⁴  Now to the one who works, his wage is not credited as a favor, but as what is due.
⁵  But to the one who does not work, but believes in Him who justifies the ungodly, his faith is credited as righteousness,

Genesis 15:6 (NIV)
⁶  Abram believed the LORD, and he credited it to him as righteousness.

2.     Blessed In Christ Who Does Not Credit Our Sins Against Us

Romans 4:6-8 (NASB)
⁶  just as David also speaks of the blessing on the man to whom God credits righteousness apart from works:
⁷  "BLESSED ARE THOSE WHOSE LAWLESS DEEDS HAVE BEEN FORGIVEN, AND WHOSE SINS HAVE BEEN COVERED.
⁸  "BLESSED IS THE MAN WHOSE SIN THE LORD WILL NOT TAKE INTO ACCOUNT." 

Psalm 32:1-2 (ESV)
¹ Blessed is the one whose transgression is forgiven, whose sin is covered.
²  Blessed is the man against whom the LORD counts no iniquity, and in whose spirit there is no deceit.