diff --git a/soc/arm/silabs_exx32/Kconfig b/soc/arm/silabs_exx32/Kconfig
index d0bbf68c885..60bda813903 100644
--- a/soc/arm/silabs_exx32/Kconfig
+++ b/soc/arm/silabs_exx32/Kconfig
@@ -340,4 +340,13 @@ config SOC_GECKO_USE_RAIL
 	  hardware. This option enable the proper set of features to allow to properly compile
 	  with the RAIL blob.
 
+config SOC_GECKO_CUSTOM_RADIO_PHY
+	bool "Use RAIL for custom radio phy packet sending and receiving"
+	depends on SOC_GECKO_HAS_RADIO
+	select SOC_GECKO_USE_RAIL
+	help
+	  If enabled, RAIL can be used for user generated custom radio phy
+	  management, sending and receiving packets on radio phy. User has
+	  to provide the radio_config.c and radio_config.h files for the phy.
+
 endif # SOC_FAMILY_EXX32
diff --git a/west.yml b/west.yml
index 261740c1d26..2208fa9ad80 100644
--- a/west.yml
+++ b/west.yml
@@ -219,7 +219,7 @@ manifest:
       groups:
         - hal
     - name: hal_silabs
-      revision: d191d981c4eb20c0c7445a4061fcdbcfa686113a
+      revision: 72a67203f0b37dc2c12bfae5ddf05c991c0ab0a4
       path: modules/hal/silabs
       groups:
         - hal