Abstract Green-synthesized nanoparticles have a tremendous antimicrobial potential to be used as an alternative to hazardous fungicides. In this study, the green synthesis of silver nanoparticles (AgNPs) was performed by using Moringa oleifera leaf extract as a reducing and stabilizing agent. The synthesized AgNPs were subjected to different characterization techniques. UV-visible spectroscopy confirmed the surface plasmon resonance band in the range of 400–450 nm, and zeta analysis revealed that the synthesized AgNPs ranged 4–30 nm in size. Scanning electron microscopy depicted tiny fused rectangular segments and the crystalline nature of the synthesized AgNPs was confirmed using X-ray diffraction. Energy dispersive X-ray (EDX) detector confirmed the presence of metallic silver ions. Fourier-transform infrared analysis revealed the presence of phenols as main reducing agents in the plant extract. Foliar application of different concentrations (25, 50, 75, and 100 ppm) of AgNPs was applied on wheat plants inoculated with Puccinia striiformis to assess the disease incidence against stripe rust disease. AgNPs at a conc. of 75 ppm were found to be more effective against wheat stripe rust disease. Furthermore, the application of AgNPs enhanced morpho-physiological attributes and reduced nonenzymatic compounds and antioxidant enzymes in wheat. The present study highlights the potential role of the green-synthesized AgNPs as a biological control of yellow rust disease.