Using sauté setting on Instant Pot - Melt butter, then add onions and cook for about 1 minute until softened. Then add garlic and cook for another 30 seconds.
Add rice and turmeric; stir well to coat.
Add all remaining ingredients and mix well. Then lock lid and cook for 12 minutes at low pressure.
Once cooking is complete, allow pressure to release naturally (will take about 10 minutes).
Open lid and remove cinnamon stick, thyme stems, and bay leaf.
Mix well with a fork to fluff, serve, and enjoy!
Notes
To make this vegan, replace chicken stock with vegetable stock and sub vegan butter or olive oil for the butter.Use ground turmeric, not fresh. However, use fresh thyme.