Iqbal Zafaruddin Ahmed (born 3 February 1946) is a Pakistani industrialist and philanthropist who is the founder of Associated Group.

[5][6] In 2024, the Sindh High Court returned to Pakistan's National Accountability Bureau (NAB) a corruption reference filed against Ahmed and his sons owing to lack of jurisdiction, bringing to a close a case pending since 2019.

[7] The state of Oklahoma declared 21 April 2009, as "Iqbal Z. Ahmed Day" to commemorate, according to the proclamation issued by Governor Brad Henry.

Ahmed is the chairperson of Lahore Literary Festival Society, president of Government College University's (GCU) Endowment Trust Fund, member of the Faiz Ahmed Faiz Foundation, chairman of the Services Institute of Medical Sciences (SIMS), president of King Edward Medical University's (KEMU) Mobilization Fund, and a trustee of National College of Arts' (NCA) Endowment Board.

In 2024, he was re-appointed President of the Executive Committee of the Endowment Fund Trust of Government College University for a two-year term, having previously served in the same position from 2005–2022, and raising over Rs.