diff --git a/Micro_Rust_Examples/Fibonacci_Iterative.thy b/Micro_Rust_Examples/Fibonacci_Iterative.thy
new file mode 100644
index 00000000..1bd0e042
--- /dev/null
+++ b/Micro_Rust_Examples/Fibonacci_Iterative.thy
@@ -0,0 +1,90 @@
+(* Copyright Amazon.com, Inc. or its affiliates. All Rights Reserved.
+   SPDX-License-Identifier: MIT *)
+
+theory Fibonacci_Iterative
+  imports Micro_Rust_Std_Lib.StdLib_All
+begin
+
+locale fibonacci_ctx =
+    reference reference_types +
+    ref_word64: reference_allocatable reference_types _ _ _ _ _ _ _ word64_prism +
+    ref_nat: reference_allocatable reference_types _ _ _ _ _ _ _ nat_prism
+  for
+  reference_types :: \<open>'s::{sepalg} \<Rightarrow> 'addr \<Rightarrow> 'gv \<Rightarrow> 'abort \<Rightarrow> 'i prompt \<Rightarrow> 'o prompt_output \<Rightarrow> unit\<close>
+
+  and word64_prism :: \<open>('gv, 64 word) prism\<close>
+  and nat_prism :: \<open>('gv, nat) prism\<close>
+begin
+
+adhoc_overloading store_reference_const \<rightleftharpoons> ref_word64.new
+adhoc_overloading store_reference_const \<rightleftharpoons> ref_nat.new
+adhoc_overloading store_update_const \<rightleftharpoons> update_fun
+adhoc_overloading urust_add \<rightleftharpoons> \<open>bind2 (lift_exp2 (plus :: nat \<Rightarrow> nat \<Rightarrow> nat))\<close>
+
+section\<open>Iterative Fibonacci Function\<close>
+
+text\<open>This example demonstrates an iterative Fibonacci function implementation
+with a complete correctness proof. We verify that the implementation matches
+the mathematical definition of Fibonacci numbers.\<close>
+
+subsection\<open>Mathematical Specification\<close>
+
+text\<open>First, we define the mathematical Fibonacci function recursively.
+Solution taken from: https://isabelle.in.tum.de/library/HOL/HOL-Number_Theory/Fib.html \<close>
+
+fun fib :: \<open>nat \<Rightarrow> nat\<close> where
+    fib0: \<open>fib 0 = 0\<close> |
+    fib1: \<open>fib (Suc 0) = 1\<close> |
+    fib2: \<open>fib (Suc (Suc n)) = fib (Suc n) + fib n\<close>
+
+lemma fib_plus_2:
+  shows \<open>fib (n + 2) = fib (n + 1) + fib n\<close>
+  by (metis Suc_eq_plus1 add_2_eq_Suc' fib.simps(3))
+
+subsection\<open>Iterative Implementation\<close>
+
+text\<open>Implementation of an iterative version in Micro Rust that computes
+the nth Fibonacci number efficiently without recursion.\<close>
+
+definition fib_iterative :: \<open>64 word \<Rightarrow> (_, nat, _, _, _) function_body\<close> where
+  \<open>fib_iterative n \<equiv> FunctionBody \<lbrakk>
+    let mut a = \<llangle>0 :: nat\<rrangle>;
+    let mut b = \<llangle>1 :: nat\<rrangle>;
+    for i in 0..n {
+      let temp = *a + *b;
+      a = *b;
+      b = temp
+    };
+    *a
+  \<rbrakk>\<close>
+
+text\<open>Contract specification and correctness proof for the iterative Fibonacci function.\<close>
+
+definition fib_correct_contract :: \<open>64 word \<Rightarrow> ('s, nat, 'b) function_contract\<close> where
+  \<open>fib_correct_contract n \<equiv>
+     let pre  = can_alloc_reference in
+     let post = \<lambda>r. \<langle>r = fib (unat n)\<rangle> \<star> can_alloc_reference in
+     make_function_contract pre post\<close>
+ucincl_auto fib_correct_contract
+
+lemma fib_correct_spec:
+  shows \<open>\<Gamma>; fib_iterative n \<Turnstile>\<^sub>F fib_correct_contract n\<close>
+proof (crush_boot f: fib_iterative_def contract: fib_correct_contract_def, goal_cases)
+  case 1
+  then show ?case
+    apply crush_base
+    subgoal for a_ref b_ref
+    apply (ucincl_discharge\<open>
+          rule_tac
+            INV=\<open>\<lambda>_ i. \<Squnion> ga gb. a_ref \<mapsto>\<langle>\<top>\<rangle> ga\<down>(fib i) \<star> b_ref \<mapsto>\<langle>\<top>\<rangle> gb\<down>(fib (i + 1))\<close>
+            and \<tau>=\<open>\<lambda>_. \<langle>False\<rangle>\<close>
+            and \<theta>=\<open>\<lambda>_. \<langle>False\<rangle>\<close>
+          in wp_raw_for_loop_framedI'
+        \<close>)
+       apply (crush_base simp add: fib_plus_2)
+      done
+    done
+qed
+
+end
+end
diff --git a/Micro_Rust_Examples/Micro_Rust_Examples.thy b/Micro_Rust_Examples/Micro_Rust_Examples.thy
index 33d3e514..6bc27feb 100644
--- a/Micro_Rust_Examples/Micro_Rust_Examples.thy
+++ b/Micro_Rust_Examples/Micro_Rust_Examples.thy
@@ -6,6 +6,7 @@ theory Micro_Rust_Examples
     Basic_Micro_Rust
     Common_Pitfalls
     Crush_Examples
+    Fibonacci_Iterative
     Pullback_Example
     Linked_List
     Linked_List_Executable_Heap