Lightly toast the flour in a saucepan. Gradually add the water, stirring continuously to prevent any lumps from forming.

Once the mixture begins to thicken, add the milk and continue stirring until it thickens further.

Add the rosewater and brewed saffron, stirring continuously to keep the mixture smooth and lump-free.

Once the Fereni reaches your desired consistency, turn off the heat.

Serve the Fereni and garnish with chopped walnuts and cinnamon.