The flag of the Ismailis is called 'MY FLAG'.

The colors of Hazar Imam are red and green and 'MY FLAG' has these colors.

Green is the color of the flag of our Holy Prophet Muhammad (s.a.s.).

Red shows that Mowlana Hazar Imam is from Hazrat Imam Husayn, our second
  Imam.

The green color means 'PEACE' and the red color means 'SACRIFICE'.

We must respect 'MY FLAG' and be proud of it.