Darren Dods grabbed the equaliser to salvage Falkirk a point at Stark’s Park.
The Bairns move one point closer to Ross County at the top after the Staggies’ game with Morton succumbed to the weather.
But though Falkirk dominated the second half, two lapses in an even opening 45 minutes cost them the full quota of points.
After scrappy opening with little to separate the teams, or interest the fans, Grant Murray opened the scoring from the edge of the box for Raith Rovers.
The defender lashed the first shot on goal beyond Michael McGovern, and that was quickly followed by a John Baird header that rattled the underside of the bar before sneaking over the line.
Farid El Alagui tested David McGurn at the other end with a header that sneaked under the crossbar before the keeper scooped it over the bar from on the goal-line.
El Alagui wasn’t to be denied though and converted a swirling cross from Kallum Higginbotham.
Falkirk’s deliveries were threatening Raith’s rearguard and it was a sumptuous hanging free-kick from Mark Millar that provided Dods the platform to nod the Bairns level.
Blair Alston - in the team over Craig Sibbald - floated another header off the bar and Millar twice went close, with strikes - one from 45 yards that hit the upright and another in injury time which struck a scrum of players on the goal-line.
See a full report and reaction from the game - as well as our great youth football supplement - in this week’s Falkirk Herald.