Heat vegan butter or oil and cook till cashews and raisins until golden.
In a heavy bottom sauce pan, combine rice and water, bring to a boil. Lower the heat, cover and cook till all the water is absorbed and rice is almost cooked.
Add coconut milk and cook till rice is completely cooked through.
Stir in grated jaggery, ground cardamom and cook till jaggery is completely melted.
Finally add the ghee roasted cashews and raisins and mix well. Serve warm or at room temperature.