This thesis analyzes the role and power of symbols in the identity formation of community members. With regards to different sociological traditions it discusses the concepts of symbol, identity and community in three chapters and makes analyses via employing three specific samples i.e., of dressing, Cross and language mainly from the view point of semiology and symbolic interactionism in the following chapter by integrating the three concepts elaborated separately to indicate and emphasize the role and power of symbols in the identity formation of community members. In the conclusive chapter it presents an overall remark of the whole study by emphasizing the effect and influence of the concepts of symbol, identity and community on each other. The thesis argues that consciously or not everyone convey their messages through the use of symbols. Therefore, from dressing to managed speech and interaction everyone come on the stage fully equipped and loaded with these symbols, which would in the last analysis be definitive in determining the borderlines of this symbolic world within their specific community which is nothing but a pool of symbols.