HBase replication policy fails when Perform Initial Snapshot is chosen

An HBase replication policy fails for COD on Microsoft Azure when the "Perform Initial Snapshot" option is chosen but data replication is successful when the option is not chosen. How to resolve this issue?

Cause

This issue appears when the required managed identity of source roles are not assigned.

Remedy

Assign the managed identity of source roles, Storage Blob Data Owner or Storage Blob Data Contributor, to the destination storage data container and vice versa for bidirectional replication.
The roles allow writing a snapshot in the destination cluster container.