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I have created one static library in iPhone sdk, and I am worried that If I provide code to anyone in which static library is being used, then anyone can use static library. So Is there any way to restrict them by using library until they get license? I am new to licensing any library.
This is a problem you must solve by legal means, not by any technical solution.
Make sure to only give the library to people you trust, and if needed have them sign an agreement not to spread it.
Also ask yourself if it is worth the trouble. Is your code so unique that they can not find it elsewhere, or duplicate it themselves in a few days, using Google and stackoverflow alone?