I don't want a banner and want to create my own size for iAd. Preferably, a square. Is there any possible way to shape iAd into a square and still put it in my app?
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No, sorry. All the ads iAd serves are created for specific dimensions and would look pretty bad if you made them square. I would also guess that Apple would reject your app for using iAd incorrectly.
You may be able to find a different mobile ad company that does allow square ads. There are plenty of other companies to choose from.
If you don't want to do a banner, you should look into interstitials or check out Kiip and their ad format. You'll generally find much higher ecpms with interstitials and kiip anyway.

Micah Lansing
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I looked around, but didn't find any that fit what you're looking for. That's not to say it doesn't exist, there are a ton of mobile ad distributors. – Micah Lansing Oct 28 '14 at 05:02