Feb 3 (Reuters) - Alara Resources Ltd AUQ.AX :
* AL HADEETHA RESOURCES ACCEPTED OFFER FROM ALIZZ ISLAMIC BANK FOR FINANCE OF A$38 MILLION
* PROFIT RATE FOR ALIZZ IS IN RANGE OF 5.92 - 6.92% PER ANNUM
* ALIZZ WILL INVEST A$38 MILLION INTO AL HADEETHA FOR DEVELOPMENT OF AL WASH-HI - MAJAZA COPPER PROJECT