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The flag of Turkmenistan (Turkmen: Türkmenistanyň baýdagy, Түркменистаның байдагы) features a white crescent (symbol of Islam) and five stars representing the five regions of the country. Placed upon a green field is a symbolic representation of the country's famous carpet industry. It was introduced as the flag of Turkmenistan on September 27, 1992 to replace the Soviet-era flag which consisted of a red background with two light blue bars in the middle. The modified version with a 2:3 ratio was adopted on January 24, 2001. State Flag and Constitution Day is celebrated on 18 May.

Source: Wikipedia