Media reports had suggested that the Moroccan international midfielder could end his proposed season long loan spell at Loftus Road next month by either returning to parent club Tottenham Hotspur or signing for another club.
However Taarabt has denied these reports and has said that he is happy at Rangers.
"I feel good and the team is playing well so I'm very happy here," he told the official QPR website.
"I really enjoy playing for QPR, I don't want to go back to Tottenham.
"I want to finish the season with QPR, and hopefully get them promoted to the Premier League."