This shrine is named after the well known Bukhara mystic, Khawaja Syed Bha-u-Deen Naqsaband, the founder of a Sufi order. It is one of the important shrines, located amidst a large garden.The market in the vicinity is named after the saints shrine as Khwaja Bazar .This mainly wooden shrine has some fine panels done in the pinjra-kari style. Recently a library has also been constructed in the compound of the shrine.