In a medium saucepan, combine the milk, water, and sugar.
Place the pan on medium heat and stir it occasionally until the sugar dissolves, then remove it from the heat.
Place the butter in a wok or non-stick pan and put it on medium-low heat.
When the butter melts, add the pine nuts and sauté for a few minutes until it starts changing color.
Lower the heat, add the semolina into the pan, and cook for approximately 15 minutes, until it is golden brown, stirring occasionally to prevent the mixture from burning.
When you notice the color of the semolina begins to brown, add milk and water and stir. Allow the semolina to brown and get fragrant without burning it, or else the halva will become bitter.
Cook the halva over low heat until the syrup is absorbed and the helva is thickened, then remove the pan from the heat.
Let the helva rest until all the liquid is absorbed and it's cool enough to handle.
When you're ready to serve it, you can shape your helva into quenelles using two spoons. For an easier option, use a small bowl to shape them or simply spoon them into individual bowls.
Sprinkle some cinnamon and more nuts on top before serving.