"self-delusion" in this context seems to be something like, 'a belief persisting in spite of contradictory evidence'; that or 'insufficient evidence'.
So yes, if someone is prematurely assenting to a belief without sufficient evidence, it would be. But I think its important to weigh this consideration which is more a point of analytic clarity.
Faith is something that is inherently irrational. 'Irrational' is not to be taken in a pejorative manner. Proper faith is held in diametric opposition with frameworks employing rationalistic standards. But faith itself does not pretend to be rational.
A good referential here is Kierkegaard.
If you are working within a framework that demands "evidence" and computational methods involving probabilities, a movement of 'faith' will inherently be unsatisfactory, but simply because you are asking it to interact or reconcile itself with systemic features that are entirely exclusive from it.
Now, what you may mean to ask is whether it's bad to assent to a belief in spite of insufficient evidence. ORdinarily, I'd say yes again. But there is much more to be said about it. The question soon arises, what is the benchmark of sufficiency? Pragmatically speaking, it would be easy here just to say whatever is most compelling or persuasive. But this again is not 'faith'. 'Faith' does not make persuasive cases. Persuasion is a function of rationality and as such should be kept to its camp.