Jamaican police are reportedly due to announce that Woolmer - who was found dead in his hotel room the day after the team were knocked out of the World Cup in the Caribbean - was not murdered after all.
"Time will prove our innocence in the case and we want it to be over sooner rather than later," Inzamam told Pakistan's Express newspaper.
"Besides all the trauma, I was alleged to be, God forbid, involved in Bob's murder," Inzamam said.
"Now the true facts are coming out and I am thankful to the Almighty and pray that Pakistani cricket never sees such days again."
Jamaican police said in March that a pathology report revealed Woolmer died of asphyxia due to strangulation, sending shockwaves through the cricket world and casting a shadow over the World Cup.
The Pakistan team were finger-printed and provided DNA samples, with Inzamam among three members of the entourage who were questioned twice over the affair.
Speculation swirled about the possible involvement of a "match-fixing mafia".
But the BBC said at the weekend that London's Metropolitan Police had found that former England batsman Woolmer had died of natural causes after a British Home Office pathologist flew to Jamaica.
A senior Jamaican police officer told the Jamaican Gleaner newspaper on Monday that "certainly, in my view it was not murder". Jamaican police have ordered a third pathology report, it added.
Inzamam said the team were still shaken by the days between March 17, when minnows Ireland sent Pakistan out of the World Cup, and March 28, when they returned home with police saying they were still in the frame.
"Those were the most traumatic days of our lives. We were thrown out of the World Cup, Bob died and no one contacted us from Pakistan to give us any consolation," said Inzamam.
"I pray no Pakistani ever has to go through such circumstances," said Inzamam, who quit one-day cricket and relinquished the captaincy after the World Cup.
The Pakistan Cricket Board said it has yet to receive any information from the Jamaican police and would not comment until a formal announcement comes from the Caribbean.