One of the most obvious features of the play that raises questions about religious tolerance is the portrayal of Shylock, the Jewish moneylender. Shylock is depicted as a cruel and greedy man who is obsessed with money and seeks revenge against Antonio, a Christian merchant who has wronged him. He embodies many of the negative stereotypes that were prevalent about Jews in Shakespeare's time, and his character has often been interpreted as antisemitic.
On the other hand, there are moments in the play that challenge these stereotypes and problematize the idea of religious prejudice. For instance, Antonio himself struggles with his own prejudices against Jews, and his treatment of Shylock shows a mixture of both contempt and sympathy. Portia, the heroine of the play, argues for the importance of mercy and forgiveness, and she eventually persuades Shylock to show mercy to Antonio. This scene has been read by many critics as a call for tolerance and understanding.
Another perspective on the play's stance on religious tolerance is that it simply reflects the social and cultural realities of Shakespeare's time. Antisemitism was deeply embedded in the Christian society of Europe, and it would have been difficult for Shakespeare to present a more tolerant view without risking censorship or alienating his audience. Thus, the play could be seen as a product of its time rather than a reflection of Shakespeare's own beliefs.
Overall, The Merchant of Venice is a complex and nuanced play that offers multiple perspectives on religious tolerance and prejudice. While it does contain some antisemitic elements, it also presents moments of compassion and understanding that complicate our reading of the play's message. Ultimately, the play invites audiences to consider the complexities of religious difference and to critically examine their own prejudices.