The research literature on leisure indicates that it is perceived differently by sector and culture. In Israel, one’s affiliation with religious or non-religious groups affects one’s perception of leisure and its legitimacy. The common activities of religious and secular people include studies in general, and Torah study in particular, as activities carried out by choice and for pleasure. In this research Torah study is considered in its wide meaning, as including all traditional Jewish texts. The research sought to try and understand various characteristics of people who study Torah as a leisure activity and to illuminate aspects rarely addressed in the academic literature, mainly students' perception of study efforts, importance of studies, the contribution of studies and satisfaction with studies. The sample included 234 respondents divided into three groups: Torah students (56) who were studying in a hevruta (collaborative) format, Torah students (50) who were studying a course by participating in lectures, and a control group (128) who were studying other theoretical topics by participating in lectures. The findings of this research indicate that Torah study nowadays takes place not only as an obligation but rather also as an elective activity in formal courses and hevruta study groups – an activity that transcends the religious dimension and involves a choice and pleasure for all learners. Additionally, Torah students perceived their studies as having greater contribution, more important and more satisfying than students of non-Torah subjects. The method of study (collaborative vs lectures) did not affect these perceptions. The findings may have applied implications beneficial to society in general. The research findings illuminate the potential of Torah study as a leisure activity and its capacity to unite various sectors in Israeli society.