The hill is considered sacred by the Kashmiri Pandits due to the presence of temple of Sharika. Temple is of goddess Jagadamba Sharika Bhagwati. She has 18 arms and is regarded as the presiding deity (`isht`-Devi) of Srinagar city. The goddess is represented by a Swyambhu Shrichakra (Mahamaha Shrichakra), also called Mahashriyantra, which consists of circular mystic impressions and triangular patterns with a dot (bindu) at the center. Sharika Devi is believed to be a form of Durga Mata or Shakti.
According to legend, the Hari Parbat hill was once a huge lake inhabited by the demon Jalobhava. The inhabitants called on the goddess Parvati for help. She took the form of a bird and dropped a pebble on the demon's head, which grew larger and larger until it crushed the demon. Hari Parbat is revered as that pebble, and is said to have become the home for all the gods of the Hindu pantheon. Another version of the myth says that two demons, Tsand and Mond, occupied the fair valley. Tsand hid in the water near the present location of Hari Parbat and Mond somewhere above the present Dal Gate, and both terrorized the people of the valley. The gods invoked Parvati who assumed the form of a Haer (myna) and flew to Sumer, picked up a pebble in her beak, and threw it on the demon Tsand to crush him. The pebble grew into a mountain. Parvati is worshipped as Sharika in Shri Tsakra (an emblem of cosmic energy pervading the universe) occupying the middle part of the western slope of the hill. The hill is also called Predemna Peet.
On the birthday of Sharika Bhagwati, the devotees make a sacrificial offering of `Taher-charvan' (Taher - rice boiled with turmeric powder and mixed with oil and salt; Tcharvan - cooked liver of goat) to the goddess. This day is celebrated as Har Navum.