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Combine apricot jam, cream cheese and sugar until well blended. Spread the mixture on top one slice of raisin bread and top with another slice. You will have four 'sandwiches'.
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Combine flour, sugar in batter mix. Make a well in the dry mix and add the wet ingredients-oil, eggs and buttermilk. Lightly whisk the wet ingredients then incorporate into the dry ingredients just until the batter is made. The batter should be more like a crepe batter than a pancake batter.
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Dip the French toast 'sandwich' into the batter covering each side and fry in melted butter in pan. Brown on each side. Garnish with powdered sugar. Syrup is optional.