The Qew Group conglomerate started off in 2009 as a small enterprise, Qew Adz, which was mainly involved in event management and advertising. From there, Dato’ Dr Iqbal registered his first private limited company, Qew Communications Sdn Bhd in 2013. Qew Communications went through a rapid and dynamic growth, managing to secure a couple of major projects in Putrajaya, namely the Putrajaya International Islamic Arts and Culture (PIIACUF) and the Light and Motion Putrajaya (LAMPU) project.

While Qew Communications and Qew Adz focused on event management and advertising, Dato’ Dr Iqbal started another private limited company dealing with health products and medical devices. Qew Technologies (M) Sdn Bhd (QTech) was incorporated in 2013, and a working partnership with SIRIM, involving medical devices in hospitals throughout Malaysia. Today, QTech has broaden its scope to provide services on commercialisation of R&D products from research hubs. QTech aims to achieve a greater position by becoming a worldwide technology provider. ​In 2018, a Multi-Disciplinary Practice (MDP) company, Bizreka Group Sdn Bhd, was set up which focuses on architectural development and construction projects.

In 2019, Dato’ Dr Iqbal opened up a new company, Lightrays (M) Sdn Bhd, set up electrical and electronic manufacturing producing LED screens under East Coast Economic Region Development (ECERD) Programme. As Qew Group expands, so did Dato Dr Iqbal’s plans for the company. Among which was to tap into as many industries in Malaysia which includes capital market, business corporate consultancy and advisory, under the name Qew Group Berhad. The company issued out Redeemable Preference Share (RPS) & Islamic Redeemable Preference Shares (RPS-i) deposited to Securities Commission Malaysia amounting RM700 million, to provide equity financing to all its advisory business, telecommunications, ICT, multimedia and Initial Public Offerings (IPO) readiness projects. In 2023, Qew Group Berhad successfully took over Harizbi Sdn Bhd and rebranded it to QWealth Capital Berhad in 2023. ​​​QWealth Capital Berhad is a company that offers services that are similar to a bank and financial institution with a Bank Negara license.

Entrepreneur

Dato’ Iqbal's hunger for knowledge and growth is a hallmark of his character. Despite his accomplished status, he remains a perpetual student, continually seeking new perspectives and insights. This thirst for learning not only fuels his personal growth but also influences the innovative direction of his companies, propelling them to remain at the forefront of their respective industries.