This paper investigates how young people are reshaping religious life while simultaneously navigating deepening social, economic, and political inequalities. In many contexts across the globe, youth face significant challenges in education, employment, housing, migration, and civic participation, yet they remain among the most innovative agents of religious change. Drawing on theoretical and empirical insights, the paper examines how young people interpret, contest, and reimagine religious traditions within contexts marked by unequal power relations and constrained opportunities. The analysis explores the ways in which religious beliefs, practices, and communities function both as resources for coping with marginalization and uncertainty, and as sites where hierarchies of gender, class, race, ethnicity, caste, and ability are reproduced. Particular attention is paid to new religious movements, digital religious spaces, and alternative spiritualties that provide youth with spaces of belonging, identity formation, and activism. The paper also considers the forms of leadership young people assume within established faith traditions and the resistances they encounter. Special emphasis is given to youth from the Global South, diasporas' communities, and minority or marginalized groups in order to highlight the uneven distribution of opportunities and constraints shaping religious participation. The paper further analyses the role of religion in youth political engagement, peace building, environmental activism, and social justice movements, as well as contexts in which religion contributes to exclusion, radicalization, or unequal access to resources. Overall, the study demonstrates the ambivalent role of religion in shaping youth futures: it can be a site of vulnerability and constraint, yet it also offers significant resources for resilience, creativity, and the imagining of more equitable societies.