Wash and soak brown rice in a bowl for 1 hour. Drain water.
Add filtered water, salt, olive oil and saffron strands to the rice. Add 3/4th cup water to Instant Pot (IP), set the rice bowl in IP. Close lid and set on pressure cook mode for 35 minutes. Allow for natural pressure release. Transfer cooked rice to a plate, fluff it with a fork and allow it to cool.
Meanwhile, add oil to a pan on stove top, set to medium heat. Once oil is hot, add whole spices (bay leaf, cloves, cardamom, cinnamon, and black cumin) and sauté for a minute. Add onion and cook till slightly brown.
Add green peas, mix well, and cook for a minute.
Add cooked brown rice and mix well. Ensure there are no lumps.