Due to the strong scattering nature of biological tissue, optical imaging beyond the diffusion limit suffers from low spatial resolution. In this letter, we present an imaging technique, laser-induced photo-thermal magnetic imaging (PMI), which uses laser illumination to induce temperature increase in a medium and magnetic resonance imaging to map the spatially varying temperature, which is proportional to absorbed energy. This technique can provide high-resolution images of optical absorption and can potentially be used for small animal as well as breast cancer and lymph node imaging. First, we describe the theory of PMI, including the modeling of light propagation and heat transfer in tissue. We also present experimental data with corresponding predictions from theoretical models, which show excellent agreement.