Final answer:
Hinduism and Buddhism share the belief in rebirth after death, referred to as reincarnation, influenced by karma. In Hinduism it leads towards moksha, while in Buddhism it aims for nirvana.
Step-by-step explanation:
Hinduism and Buddhism do indeed share the belief in rebirth as another living form after death, which is known as reincarnation. In both religions, the cycle of birth, suffering, death, and rebirth is a central concept. Actions taken in one life will determine the quality of life in the next through the principle of karma.
In Hinduism, this cycle is tied to a soul's progress towards moksha, which is liberation from the cycle itself, while Buddhism does not affirm the existence of an eternal soul but focuses on the cessation of suffering and the achievement of nirvana through the understanding of the Four Noble Truths and following the Noble Eightfold Path.