Created by Kchurchill5 on April 25, 2016
Step 1: Coconut ... Since, you are using the oven to bake the bread; you might as well toast the coconut in the oven. Preheat the oven to 400 degrees; and line a baking sheet with parchment paper or foil. Add the coconut; and bake on the middle shelf, 5-7 minutes until golden brown, stirring once. Then, transfer the coconut to a paper towel to cool.
Step 2: Sauce ... Add the brown sugar and butter to a small pot; and, cook on medium heat until the butter and sugar are completely melted. Remove from the heat and stir in the pineapple, rum, 1/3 cup of toasted coconut, and 1/3 cup of macadamia nuts. The other 2 tablespoons of coconut and nuts, will be the topping.
Step 3: Bread ... As the coconut toasts and the sauce melts - prepare your bread. Using a serrated knife, make 5 or so vertical cuts about 1" apart ... but, don't go all the way through to the bottom. Then, turn the bread a quarter of the way, and make the same cuts again. This will make a cross hatch or diamond pattern. Again, take your time; DO NOT cut all the way through. This will allow the sauce to get in to all the 'nooks and crannies.'
Step 4: Bake ... Place the bread on the same pan you toasted the coconut on. Open up the cut slices a bit; and, pour the sauce in the 'nooks and crannies.' Top with the extra coconut and nuts. Bake on the middle shelf, 10-15 minutes, in a 350 degree oven; until golden brown.
Step 5: You can bake this ahead, and reheat too. Once the bread is baked and cooled, wrap tightly in foil; and, refrigerate. Before reheating, remove the bread until it is almost room temperature; and, reheat in a 350 degree oven, loosely covered in foil - for 10-15 minutes. DO NOT ice the cake, if you plan on reheating it.
Step 6: Icing ... As the bread bakes, mix the milk and confectioners sugar together until smooth. After the bread has cooled a couple of minutes; drizzle the icing over the bread.
Step 7: Serve and ENJOY! ... Let your guests dig in - and, pull it apart. It is sweet and delicious. A perfect morning sweet treat.