Butkara-III is an archaeological site in Swat, Pakistan, that dates back to the ancient Buddhist period. It is located near the town of Saidu Sharif, on the banks of a seasonal stream called Nari Khwar. The site consists of a complex of underground chambers and stupas, which are dome-shaped structures that contain relics of Buddhist monks or teachers. The site was excavated by Abdur Rahman, a professor of archaeology at the University of Peshawar, in 1982 and 1985. He found evidence of the fusion of Islamic and local architectural styles, as well as geometric and floral patterns, and inscriptions from the Quran. The site is one of the 85 sites in Khyber Pakhtunkhwa that are under the protection of the Federal Government.