The 26-year-old Oman international was reported to have become disillusioned with life at the Reebok and has been linked with moves to Bayern Munich, Galatasaray and newly-promoted Hull City.
But Al Habsi insists he will remain with Gary Megson's side and that he is not interested in any offers as recent reports suggested.
"I still have one year left on my contract at Bolton and I will stay with the team," Al Habsi said. "I've heard that Jussi has signed a new contract but this means nothing as I'll stay with the team.
"Everything is okay now and I'm enjoying life here especially as my wife gave birth to a girl six months ago. Things were great for me at Bolton and hopefully next year will be even better."