A simple and facile microwave‐assisted method was developed for the synthesis of highly fluorescent nitrogen‐doped carbon quantum dots (N‐CQDs) using sucrose and urea. The produced quantum dots exhibited a strong emission band at 376 nm after excitation at 216 nm with quantum yield of 0.57. The as‐prepared N‐CQDs were characterized using Fourier‐transform infrared (FTIR) spectroscopy, transmission electron microscopy (TEM) images, and ultraviolet‐visible (UV‐visible) spectra. The average particle size was 7.7 nm. It was found that torsemide (TRS) caused an obvious quenching of the fluorescent N‐CQDs; so, they were used for its spectrofluorometric estimation. An excellent linear correlation was found between the fluorescence quenching of N‐CQDs and the concentration of the drug in the range of 0.10 to 1.0 μg/mL with limit of quantitation (LOQ) of 0.08 μg/mL and limit of detection (LOD) of 0.027 μg/mL. The method was successfully applied for the assay of the drug in its commercial tablets and spiked human plasma samples, and the results obtained were satisfactory. Complex GAPI was used for greenness assessment of the analytical procedures and the pre‐analysis steps. Interference likely to be introduced from co‐administered drugs was also studied.