Auth flow between custom iOS app with Intune SDK and Microsoft edge

We have custom iOS app which is integrated with Intune MAM SDK. We are using Microsoft Edge and managing it by applying Intune protection policies. In our's custom app, the authentication flow launches Microsoft Edge and after authentication completion users are redirected back to the custom app using deep links. We can see the Microsoft Edge browser prompts the user to redirect to our's custom app. But after Allowing it, it fails to redirect with some error  Something wrong happened. We have applied same Intune MAM protection policy to both custom app and Microsoft Edge where we setting policy as below:

Send org data to other apps: Policy managed apps with Open-In/Share filtering and 
Receive data from other apps: Policy managed apps

So, this flow is expected to work. Is it some bug with Microsoft Edge flow due to which it is not able to launch the custom app ? 

Note: Authentication flow works without protection policies with other browsers like chrome. It also works when we have Send org data to other apps and Receive data from other apps set to All Apps. But as this is not recommended security policy, we are trying to figure out what is going wrong.