The purpose of this paper is to reflect critically on the model of theology as a rationalisation of religious faith (the revealed truth), and on different models of theology as the commited knowledge (sapiential) and hermeneutics. The first of these models is insufficient because it is dominated by a rationalistic concept of theology at the expense of its more existential and experiential nature. The paper consists of three parts. The first part presents a model of theology as a rationalisation of the revealed truth (the philosophical critique of revelation, the historical-doctrinal investigation of truths of faith, the explanation and systematisation of the content of revelation by philosophical categories, and the a priori system of knowledge). The second part focuses on the model of theology as commited and the wisdom knowledge (a commitment in the recognition of specific truths of faith and a religious way of life, a commitment in the experience of mystery and prayerful contemplation, a commitment in the realization of life’s meaning and the transformation of the world). The third part presents a model of theology as hermeneutics, i.e. the art of reading and interpreting various components of reality (problems of human existence, historical events and religious texts).