Preheat the oven to 425°F (220°C).
Place whole red bell peppers on a baking sheet and roast for 25–30 minutes, turning occasionally until skins are charred and blistered.
Transfer the peppers to a bowl and cover. Let steam for 10 minutes to loosen the skins.
Peel the skins off the peppers, remove seeds and stems, and roughly chop the flesh.
In a food processor, add chickpeas, tahini, lemon juice, garlic, olive oil, cumin, smoked paprika, salt, and roasted red pepper pieces.
Blend until smooth, adding cold water gradually until the desired creamy texture is reached.
Taste and adjust seasoning with more lemon juice or salt if needed.
Transfer to a serving bowl, drizzle with olive oil, and garnish with chopped parsley.
Enjoy with warm pita, fresh vegetables, or crackers.