Is an EM Field in Cosmos Possible According to Faraday and Maxwell?

[aditya ver.2.0]

For this situation, we consider light as an electromagnetic field traveling in x,y and z coordinate of space (cosmos) and electromagnetic fields are produced by oscillating electric and magnetic field.
So can't there be such a similar EM field as proposed by Micheal Faraday?

 

[bhobba]

What Faraday proposed is the EM Field - it was codified by Maxwell.

Thanks
Bill