If any kind of ibq to dao conversion is possible, it would be export or conversion between two rare disk image formats, probably done with ISOBuster.
This is usually searched by users that did some kind of disk image recovery and now wonder how to best convert their images to either one of the generic or specific formats.
Since IBQ format comes from ISOBuster and this software can be used for various exports, it's probably your best choice how to approach this conversion.
Updated: October 13, 2023