In this paper, the influence of heat transfer and induced magnetic field on peristaltic flow of a Johnson-Segalman fluid is studied. The purpose of the present investigation is to study the effects of induced magnetic field on the peristaltic flow of non-Newtonian fluid. The two-dimensional equations of a Johnson-Segalman fluid are simplified by assuming a long wavelength and a low Reynolds number. The obtained equations are solved for the stream function, magnetic force function, and axial pressure gradient by using a regular perturbation method. The expressions for the pressure rise, temperature, induced magnetic field, pressure gradient, and stream function are sketched and interpreted for various embedded parameters.