Heat oil in a medium saucepan over medium heat. Add quinoa and cook, stirring often, until golden, about 5 minutes.

Add coconut milk, salt and 1 1/2 cups water, stir to combine. Bring to a boil; reduce heat, cover and simmer until quinoa is tender and liquid is evaporated, 20 to 25 minutes.

Let sit 10 minutes, fluff with a fork.