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ISLAMIC RESEARCH ASSOCIATION, BOMBAY
The Islamic Research Association came into being on February 1, 1933 in Bombay. Its founder President was Ali Muhammad R. Macklai (1894-1971) with Asaf A.A. Fyzee (1899-1981), the Principal of Bombay Law College, as the Secretary. Its founder members were Jogesharini Ismail, M.B. Rahman, Dr. U.M. Daudpota, Saif F.B. Tayyib and W. Ivanow (1886-1970). Lui Messignon (Paris), D.H. Margoliuth (Oxford), R.A. Nicholson (Cambridge), K.S. Zotarstin (Apsila), A.Fisher (Lipzig), H.A.R. Gibb (London) and O.J. Vensik (Leiden) had accepted to become the fellows of the Associations.
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Dictionary and Encyclopedia of ismailism entries
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Quoted from our 48th Imam Sultan Muhammad Shah:
"My dear Hoodbhoy,
In reply to your letter of 8thOctober, 1954, the colours of our flag
are, as you know, red and green, the reason being that we represent
both the Shah and the Pir. The Shah was Imam Hussain and the Pir was
Imam Hasan. Imam Hasan had the Pir's colour of green, but Imam
Hussain's martyrdom was so enormous in events and was so opposed to
even the smallest laws of war that the colour of his holy blood namely
red, was accepted with the green of the Holy Prophet's flag, as aWord Reference:
Ismaili.NET - Heritage F.I.E.L.D.