Mr. Rafiq has mainly been involved in the insurance industry in a working career that spans over four decades. He held the position of Managing Director of P&I Insurance Brokers in 1987 and then Ackland Insurance (Brokers) Ltd. in 1990.
He retired from this post in 1996 in order to devote more time to his personal business interests. These interests are extremely diverse and he serves on the Board of several Companies in the areas of Education, Healthcare, and Real Estate, just to name a few. He is also on the Board of Amana Takaful Ltd, a company listed on the Colombo Stock Exchange.