"Does Buddhism have a flag?"

As the Buddha sat upon a Jeweled Chamber, six rays of color radiated from him – blue, yellow, red, white, and orange. A combination of all those colors represents the colors of the aura that emanated from the body of the Buddha when He attained Enlightenment under the Bodhi Tree. 

"What do the stripes and colors on the flag symbolizes?"

These six colors make up the International Buddhist flag and signify that there is no discrimination of races, nationality, regions, or skin color. Every living being possesses the Buddha Nature, and all have the potential to become a Buddha. Each color symbolizes one noble quality of the Buddha: blue symbolizes universal compassion, yellow symbolizes the Middle Path, red symbolizes blessings, white symbolizes purity and liberation, orange symbolizes wisdom and the combination color symbolizes the universality of the truth of Buddha’s teachings.

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