Mousavi's contract the Turkish club was terminated by mutual consent.
The 34-year-old middle blocker had joined the Yellow-Navy Blues at the beginning of the season.
“We have parted ways with Seyed Mohammad Mousavi, the player of our Fenerbahçe HDI Sigorta Men's Volleyball Team, who has an agreement until the end of the season. We thank our player for all his efforts and wish him success in his future career,” the club announced in a statement.