Sha-shur in local parlance means 'in the blue pines'. This is very apt as patches of blue pine can still be seen around the monastery. The gompa was founded in the 17th Century AD by Lama Deva Gyatsho of Zangskar who was a missionary of Nawang Namgyal, the king of Bhutan. The lamas of the gompa are of the Drugpa sect (red hat sect). Namgyal founded this sect and the name originated from Dug which in the Bhoti language means Bhutan. Before Deva Gyatsho renovated the present monastery, there existed a small gompa. Deva Gyatsho stayed at the monastery till his death. A statue of Namgyal is also present in the gompa. This gompa has the biggest 'Thanka' painting, over fifteen feet and an invaluable wall painting depicting all the 84 siddhas of Buddhism. In the month of June/July 'Chham' is performed in the monastery which is the most popular Chham in Lahaul.