It is one of the state symbols of the Chechen Republic (Russian Federation) introduced in 2004 by the Goverment of Chechen Republic.The flag of Chechnya is a rectangle with sides in the ratio 2:3. The flag is composed of three horizontal bars of, from top to bottom: green, representing Islam; white; and red; superimposed on them is a narrow vertical white band at the hoist, containing the national ornament, a design of four golden scroll shapes. The horizontal bars are in the proportions 4:1:3.

(Source: Wikipedia)