The 30-year-old Sweden international has struggled to establish himself in Steve Clarke's first-team, but Spanish second division side Villarreal and Serie A club Sampdoria are thought to be keen on a loan deal but his agent, Martin Dahlin, says the Baggies want him to stay.
Asked if reports the Baggies have turned down loan approaches were accurate, he told Kvaellsposten: "It's correct. Some clubs have enquired about him.
"I am not surprised since he has previously had good seasons in both Germany and Spain.
"That means that he is in consideration for a place in the starting XI for his current club."
Dahlin added: "He has been unlucky and has seen playing time limited since he joined West Brom when the season had almost started."