It is possible to embed icons within text using NSTextAttachment and NSAttributedString. If you do, please remember to override the accessibility label, otherwise VoiceOver will announce it as "Attachment.png File".

let magnifyingGlassIcon = UIImage(systemName: "magnifyingglass")!
let searchButton = UIButton()
let searchTutorialLabel = UILabel()
searchButton.accessibilityLabel = "search"
let textAttachment = NSTextAttachment(image: magnifyingGlassIcon)
let string = "Select the button to find elements in the list"
let attributedString = NSMutableAttributedString(string: string)
let attributedStringIcon = NSAttributedString(attachment: textAttachment)
let iconPlaceholderRange = attributedString.string.range(of: "")!
let iconRange = NSRange(iconPlaceholderRange, in: attributedString.string)
attributedString.replaceCharacters(in: iconRange, with: attributedStringIcon)
searchTutorialLabel.attributedText = attributedString
searchTutorialLabel.accessibilityLabel = string.replacingCharacters(in: iconPlaceholderRange,
with: searchButton.accessibilityLabel!) 
