Mulbekh Monastery is situated in the village of Mulbekh, about 45 km from Kargil located at the end of a valley. The monastery stands at an elevation of around 200 m above the road, positioned on the top of a hill, . The gompa or the monastery contains a 9 m long statue of the Maitreya Buddha, also known as the Buddha of the future or the Laughing Buddha. It is said that the idol was carved during the 8th century and was brought here by the missionaries who introduced Buddhism in Ladakh. The monastery also has the remains of several Buddhist monks. The artwork of the idol and the architecture of the monastery prove that these monasteries do not belong to Tibet.